NAHB Announcements

  • Framing Methods for Single-Family Homes: 2018

    Wood framing remains the most dominant construction method for single-family homes in the U.S., according to NAHB analysis of Census Bureau data. For 2018 completions, 93% of new homes were wood-framed. Another 7% were concrete homes, and less than half a percent were steel-framed. These shares have remained fairly stable over the last five years. In absolute terms, 778,000 single-family... Read More &rsaquo […]

  • Real Rent Index Edges Up in September

    In September, NAHB’s Real Rent Index increased 0.2 percent over August’s reading, after essentially no growth between June and August (Figure 1). Over the first nine months of 2019, the average monthly growth rate of the Real Rent Index was 0.13%, slightly higher than the average of 0.11% in 2018. NAHB constructs a “real” rent index to indicate whether inflation... Read More &rsaquo […]

  • Consumer Prices Were Unchanged in September

    The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) was unchanged in September on a seasonally adjusted basis, after a 0.1% increase in August. Excluding the volatile food and energy components, the “core” CPI increased by 0.1% in September, following a 0.3% increase for three straight months (June, July and August). Over the month of September,... Read More &rsaquo […]

  • Construction Job Openings Steady

    Data from the BLS Job Openings and Labor Turnover Survey (JOLTS) indicate that construction job openings increased in August. The estimated number of job openings in the construction sector increased to 379,000 after reaching a post-Great Recession high of 434,000 in April. The August 2019 count of unfilled jobs represents a year-over-year gain relative to the 315,000 estimated unfilled construction jobs... Read More &rsaquo […]

  • Highest Paid Occupations in Construction in 2018

    According to the 2018 Bureau of Labor Statistics Occupational Employment Statistics (OES) Survey data and analysis by the National Association of Home Builders (NAHB), half of payroll workers in construction earn more than $47,290 and the top 25% make at least $66,290. In comparison, the U.S. median wage is $38,640, while the top quartile (top 25%) makes at least $62,510.... Read More &rsaquo […]