Housing Economics
NAHB provides in-depth economic analysis of the most significant issues and latest trends driving the housing industry.
Fed Moves Closer to First Rate Cut in Four Years
The Federal Reserve’s monetary policy committee once again held constant the federal funds rate at a top target of 5.5% at the conclusion of its July meeting. Although a reduction for the federal funds rate is in view, the timing will be data-dependent on forthcoming inflation and labor market estimates.
Data at a Glance
Framing Lumber Prices
Fluctuations in the costs of building materials, particularly those of framing lumber, contribute significantly to home prices and housing affordability levels.
Learn moreNAHB/Wells Fargo Housing Market Index (HMI)
The HMI offers an insider’s perspective on the current state of housing. Each month, builder sentiment about the present and near-term housing market is depicted on a scale of 0 to 100, indicating the portion of builders experiencing positive market conditions.
Learn moreHousing Starts
Housing starts data are key economic indicators that track the pace of residential construction. These monthly Census Bureau statistics typically reflect broader trends within the overall economy such as interest rates and job growth.
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National Statistics
The latest on starts and permits, home sales, lumber prices, mortgage rates and more.
State and Local Data
Regional reporting of building permits, home sales, employment and workforce demand.
Macro Economic Outlook
Analysis from NAHB economists on the current and future state of the economy.
Indices
Exclusive NAHB surveys provide insights from several sectors throughout the industry.
Housing Economics PLUS
Get exclusive access to in-depth analysis of market trends and industry forecasts.
Special Studies
Detailed research on a wide variety of topics related to the U.S. housing market.