Share of Wood-Framed Homes Dips in 2023
Wood framing remains the most dominant construction method for completed single-family homes in the U.S., according to NAHB analysis of 2023 Census Bureau data. For 2023 completions, 93% of new homes were wood-framed, another 7% were concrete-framed homes, and less than half a percent were steel-framed.
On a count basis, there were 930,000 wood-framed homes completed in 2023. This was a 3% decrease compared to the 2022 total. The wood-framed market share decreased to 93% in 2023, after it increased for three consecutive years from 2019 (90%) to 2022 (94%). As noted above, steel-framed homes are relatively uncommon, with 3,000 housing completions in 2023, the same amount as the 2021 and 2022 completions.
Meanwhile, the concrete-framed market share increased from 6% in 2022 to 7% in 2023. On a count basis, there were 65,000 concrete-framed homes completed in 2023, up 3% from the previous year. This is the first increase after three straight years of declines (down 13% in 2020, 5% in 2021 and 11% in 2022).
Jing Fu, NAHB director of forecasting and analysis, provides more in this Eye on Housing post.
Latest from NAHBNow
Economics
Aug 17, 2026
Affordability Pressures Keep Builder Confidence Low
Builder confidence in the market for newly built single-family homes inched up one point to 35 in August, according to the NAHB/Wells Fargo Housing Market Index (HMI) released today.
Regulations | Environmental Issues
Aug 14, 2026
Administration Acts on 3 Key NAHB Deregulatory Priorities
Two regulations will become effective under the Endangered Species Act (ESA) on Aug. 20, and a third final rule rescinding the ESA’s 45-year-old “harm” regulatory definition becomes effective next month.
Latest Economic News
Economics
Aug 17, 2026
Consumer Credit Slowed in Q2
In the second quarter of 2026, consumer credit growth slowed over the quarter and was lower than a year ago. According to the Federal Reserve’s G.19 Consumer Credit Report, total outstanding U.S. consumer credit reached $5.17 trillion in the second quarter of 2026.
Economics
Aug 17, 2026
Affordability Pressures Keep Builder Confidence Low
Builder sentiment remains muted from economic and geopolitical uncertainty, elevated mortgage rates and rising construction costs.
Economics
Aug 14, 2026
Single-Family Permitting Declines Through June in Contrast to Multifamily
Single-family permitting activity continued to weaken through the first half of 2026, while multifamily permitting remained somewhat stronger compared with the same period last year.