News

Rising Mortgage Rates and Home Prices Put a Damper on Housing Affordability
Mapping Impact Fee Statutes Across the U.S. NAHB has developed a new state-by-state map of impact fee enabling statutes designed to give builders, policymakers and housing advocates a clearer picture of where and how these fees are authorized across the country. This resource is part of NAHB’s broader effort to shed light

Job Growth Slowed Sharply in August
Job growth slowed sharply in August, and the unemployment rate rose to its highest level in nearly four years. The latest jobs report, along with downward revisions to previous months’ data, indicates a continued cooling in the U.S. labor market. This softening trend is likely to increase pressure on the

Housing Starts Remain Soft Ahead of Fed Meeting
Challenging affordability conditions continue to act as headwinds for the housing sector, but the industry could see lower interest rates in the near future with the Federal Reserve expected to cut short-term interest rates this afternoon. Overall housing starts decreased 8.5% in August to a seasonally adjusted annual rate of

Chance of Government Shutdown Grows as Senate Fails to Pass Stopgap Spending Bills
In two votes today, the Senate blocked Republican-led and Democratic-led plans to keep the government funded, increasing the odds that a government shutdown will occur at 12:01 a.m. on Oct. 1. Prior to the votes, NAHB sent a letter to the full Senate urging lawmakers to pass a plan that