This Week’s Framing Lumber Prices
Softwood lumber prices held steady at $422 per 1,000 board feet on July 4, 2025, the lowest since October 2024,
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NAHB
Solid Job Growth in June
The U.S. labor market remained strong in June, with job growth driven mainly by state and local government and health
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Mortgage Applications Dip in May amid Refinance Slowdown
Mortgage applications fell 5.5% in May, mainly due to a sharp 13.7% drop in refinancing activity, even as purchase applications
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May Private Residential Construction Spending Dips
Private residential construction spending declined for the fifth consecutive month in May, falling 0.5% due to reduced investment in single-family
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Elevated Rates are Challenging Affordability Conditions
High mortgage rates and economic uncertainty continued to sideline buyers in May, causing new single-family home sales to fall 13.7%
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FHA to Cut All Multifamily Mortgage Insurance
The FHA is proposing to lower multifamily mortgage insurance premiums (MIP) to a flat 25 basis points, the legal minimum,
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Mortgage Rates Hold Steady Despite Modest Uptick
In June, average mortgage rates remained steady, with the 30-year fixed rate at 6.82% and the 15-year at 5.95%, both
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Multifamily Production Brings Overall Housing Starts Down
Housing starts fell 9.8% in May 2025, driven by a sharp 29.7% drop in multifamily construction, while single-family starts stayed
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Producer Prices Rise in May: New Construction Input Analysis
Prices for inputs to new residential construction rose 0.2% in May after a slight dip in April, according to the
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Producer Prices Rise in May: New Construction Analysis
Prices for inputs to new residential construction rose by 0.2% in May, following a slight decline in April, according to
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How Housing Professionals Can Navigate the Current Sales Market
The National Association of Home Builders (NAHB) is offering strategies to help housing professionals navigate the current sales market, which
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Single-family home size trending higher
In early 2025, the median size of new single-family homes increased to 2,190 square feet, reflecting a rebound from the
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Latest edition of NAHB social media guide helps businesses grow
Carol Morgan’s “Social Media Marketing for Your Business, Second Edition,” published by BuilderBooks, offers a strategic guide for businesses aiming
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NAHB Submits Extensive Deregulatory Recommendations to OMB
The National Association of Home Builders (NAHB) submitted a comprehensive set of deregulatory recommendations to the Office of Management and
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Mortgage Activity Levels Off in April as Rates Increase
In April 2025, U.S. mortgage activity remained relatively stable amid rising interest rates, according to the Mortgage Bankers Association (MBA).
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Statement from NAHB Chair Buddy Hughes on President Trump’s Tariff Announcement
Chairman of the National Association of Home Builders (NAHB) and a homebuilder and developer from Lexington, North Carolina, Buddy Hughes,
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Homebuilding Leaders Encourage Industry Members to Support Disaster Relief Fund
Nearly 20 years ago following the catastrophic effects Hurricane Katrina had on Louisiana, Alabama and Mississippi, wiping out entire neighborhoods,
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House Reintroduces NAHB-Supported Workforce Development Bill
According to the National Association of Home Builders (NAHB), Bipartisan legislation championed by NAHB that is tailored specifically to ease
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Tariffs on Imported Steel and Aluminum Set to Take Effect in March
The White House has announced that 25% tariffs on all imported steel and aluminum products will take effect in March.
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NAHB Lauds the Nomination of Bill Pulte to Lead the FHFA
Carl Harris, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Wichita, Kan., issued
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Framing Lumber Prices
The framing lumber composite price increased 2.0% for the week ending on Oct. 18 compared to the previous week. Lumber
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Market-Driven Solutions Will Bolster Nation’s Resilience, Keep Homes Affordable
The National Association of Home Builders (NAHB) told Congress that FEMA’s push for adopting the latest building codes would unnecessarily
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How to Support Hurricane Milton and Helene Recovery Efforts
Hurricane Milton made landfall this week as a category 3 hurricane, bringing a devastating storm surge, high winds, tornados and
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Framing Lumber Prices
According to the NAHB, the framing lumber composite price dropped 0.3% for the week ending on Sept. 27 compared to
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Framing Lumber Prices
The NAHB provides insights into current U.S. lumber trends. According to the National Association of Home Builders, the framing lumber
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A Data Profile of NAHB Remodelers
This new report by the National Association of Home Builders profiles NAHB remodelers. According to The National Association of Home
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The 2024 Energy Code Features More Flexibility for Builders
On August 14, the International Code Council (ICC) released the 2024 International Energy Conservation Code (IECC). This model code establishes
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Custom Home Building Slowdown
NAHB’s examination of Census Data sourced from the Quarterly Starts and Completions by Purpose and Design survey reveals a deceleration
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Denver Single-Family Home Construction Climbs 7%
Fresh data from Federal Reserve Economic Data reveals a 7% increase in single-family home construction in metro Denver compared to
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Top Compromises Buyers Will Make to Reach Homeownership
The steep rise in mortgage rates and the significant surge in home prices post-COVID-19 have driven housing affordability to its
Read MoreAt 2022 Rates, 10 Million More Households Could Afford a New Home
According to the latest press release from Freddie Mac, the average rate on a 30-year fixed-rate mortgage has now risen
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