In the second quarter of 2026, the National Association of Home Builders Remodeling Market Index (RMI) posted a reading of 61, down one point compared to the previous quarter. Even with this slight decline, remodeler sentiment remains the standout sector within the housing industry. With current mortgage rates above the median outstanding rate for existing homeowners, the incentive to remodel instead of purchasing a new home persists due to this lock-in effect. The RMI is based on a survey that asks remodelers to rate various aspects of the residential remodeling…
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Renovation demand carries residential construction spending
According to recent data released from the U.S. Census Bureau, residential construction spending is up 0.3% from April and increased 1.8% year-over-year. This is largely attributed to an increase in remodeling spending, which rose 0.9% in May and 8.1% year-over-year. Remodeling was the only sector to report a monthly increase, with both new residential construction and multifamily construction reporting a 0.1% dip. “Improvement spending has been on an upward trend since the beginning of 2025, supported in part by the aging housing stock and sustained demand for renovation,” said Catherine Koh, an economist at the National…
Read MoreNAHB introduces first master remodeling professionals
The National Association of Homebuilders (NAHB) introduced its initial cohort of Certified Master Remodeling Professional (CMRP) and Certified Master Building Professional (CMBP). NAHB introduced the CMBP and CMRP credentials in April 2026 to provide a national stamp of credibility for qualified professionals. This accreditation requires 50 hours of qualifying education in the past five years and a minimum of five years working in a leadership role at a residential building or remodeling firm. 62 professionals currently hold the credential. “Any builder who’s been in business a few years should think…
Read More21st Century ROAD to Housing Act reaches executive branch
After the 21st Century ROAD to Housing Act was overwhelmingly approved by the House of Representatives on June 23, 2026, the bill reached the executive branch’s desk. The National Association of Home Builders (NAHB) applauded the passage and now urges the legislation to be signed. This once-in-a-generation housing package includes more than 50 sections addressing housing supply, financing, disaster recovery and other priorities. NAHB provided input to Congress on many parts of the bill, but five provisions are especially important to members: land-use and zoning, aging housing stock, multifamily financing,…
Read MoreHousing advocates urge Congress to address affordability
On June 10, 2026, more than 1,100 builders, remodelers and other housing industry professionals went to Capitol Hill to call for congressional action. Attendees urged Congress to improve affordability and help builders to increase the production of affordable, attainable homes. In more than 300 meetings with lawmakers, housing advocates focused on the following priorities aimed at improving affordability and increasing supply: landmark housing legislation, workforce development and immigration and permitting obstacles. “Members of the housing community from across the country are in Washington for the National Association of Home Builders…
Read MoreExisting home prices outpace new-builds
According to new analysis from the National Association of Home Builders (NAHB), an unusual trend continues to emerge in the housing market: new homes are less expensive than existing ones. While only a small gap, Q1 2026 reported the median price for a new single-family home was $403,200, compared to an existing home at $404,600. The relationship switched in the post-pandemic market with slow construction for new-builds and pandemic purchasers holding on to their low mortgage rates. Although, there are extreme regional pricing gaps across the U.S. In the South,…
Read More5 steps for a sustainable remodel
The National Association of Home Builders (NAHB) highlighted five steps remodelers and designers can take to make their projects more sustainable. As sustainability becomes more of a standard rather than a trend, more clients are looking to give their homes a second life with an eco-friendly makeover. Consider products that use fewer raw materials and achieve the same result as traditional products, while having a lower environmental impact. Such products include lighter, thinner brick, engineered wood or engineered steel products and prefabricated roof or floor trusses. Also, installing an efficient…
Read MoreNAHB urges Congress to advance housing supply reforms
On May 21, 2026, the National Association of Home Builders (NAHB) Chairman Bill Owens, a home builder and remodeler from Worthington, Ohio, testified before the House Small Business Committee on how small builders can help close the nation’s housing gap. “NAHB estimates the country is facing a structural shortage of about 1.2 million homes,” said Owens. “Small builders are doing all they can to increase housing supply, but they cannot overcome the shortage as long as rising costs and system delays continue to hold back progress.” In his testimony, he…
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