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Consumer Confidence Fell in September
Consumer confidence in September plunged to the lowest level since April 2014 as consumers grew more pessimistic about current conditions and the economic outlook. This report captured consumer sentiment following the Fed's first rate hike since 2023 and
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August Construction Job Openings
The number of open positions in the construction sector fell back in August per the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down from three years ago due to declines in construction acti
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Report
Market Share of 5,000+ Sq. Ft. Homes Edges Higher in 2025
New homes with 5,000 square feet or more of living space posted an increase in market share last year. In 2025, 27,000 homes of this size were started, accounting for 2.9% of all new homes started. Both the number and market share of homes with 5,000 squa
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NAHB Remodelers: What the Data Says
Twenty-one percent of NAHB builder members listed residential remodeling as their primary business, according to the 2025 Member Census. These remodelers tend to be relatively small, with a median of five employees and a median annual revenue of $2.1 mill
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State and Local Government Tax Revenue Grows
Total tax revenue collected by state and local governments was up 5.8% from a year ago in the second quarter, according to the Quarterly Summary of State and Local Government Tax Revenue published by the U.S. Census Bureau. This was the highest year-over-
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New Home Sales Rise as Affordability Challenges Continue
New home sales improved in August, but the monthly gain masked continued weakness in the broader new-home market. Elevated mortgage rates and ongoing affordability challenges continue to constrain demand, with new home sales remaining below last year's pa
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Single-Family Detached Homes Still Dominate Among the 55+ Population
Adults ages 55 and older make up a large and growing share of the U.S. population and play an important role in the U.S. housing market. In 2024, around 103 million Americans were ages 55 or older, ranging from adults still in the labor force to retirees.
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Number of Bathrooms in New Single-Family Homes in 2025
Single-family homes started construction in 2025 typically had two full bathrooms, according to the U.S. Census Bureau's Annual Survey of Construction. A full bathroom, as defined by the Bureau, is one that has a washbasin, a toilet and either a bathtub o
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Q2 2026 Remodeling Market Update: Labor and Nonlabor Input Costs
The remodeling industry is taking on a larger role within the residential construction sector. Structural tailwinds, such as an aging housing stock, the growing trend of aging-in-place among older home owners, and record-high housing wealth, will continue
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Bedrooms in New Single-Family Homes in 2025
Three-bedroom single-family homes remained the most common home built with respect to the number of bedrooms. The share of starts for four-bedroom homes declined for the fourth consecutive year but remained well above the shares for two-bedroom or less an
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