Builder sentiment remains subdued as rising material costs, elevated mortgage rates and ongoing affordability challenges continue to strain the housing market. Builder confidence in the market for newly built single-family homes fell two points to 35 in June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released June 15.…
Sales of newly built single-family homes fell 6.2% in April to a seasonally adjusted annual rate of 622,000, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, as the 2026 housing market remains sluggish overall. The pace of new-home sales is down 11.3% from a…
Sales of new single-family houses in March were at a seasonally adjusted annual rate of 682,000, according to estimates released jointly May 5 by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). That was 7.4% above the February rate of 635,000, and 3.3% above the March 2025 rate of 660,000.…
The United States Senate today passed legislation now called the 21st Century ROAD to Housing Act, a comprehensive, bipartisan legislative package designed to increase housing supply and access. The bill will now have to be sent back to the House, where it must face reconciliation and another vote before going to President Donald Trump’s desk.…
Bill Owens, a Worthington, Ohio-based remodeler and home builder with more than 40 years of experience in residential construction, has been elected 2026 chairman of the National Association of Home Builders (NAHB), the organization has announced. The election took place earlier this week during the association’s International Builders’ Show in Orlando. According to a release,…