NAHBNow
The official news blog of NAHB and your one-stop source for home building industry news, product information, and educational resources.
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May 10, 2024
Housing Price and Rent Growth Expectations IncreaseHouseholds expect home price growth to increase to 5.1% over the next 12 months, up from 2.6% a year ago, according to the Federal Reserve Bank of New York’s 2024 SCE Housing Survey that was released this week. This is their second highest reading in the survey’s history.
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Data at a Glance
Framing Lumber Prices
Fluctuations in the costs of building materials, particularly those of framing lumber, contribute significantly to home prices and housing affordability levels.
Learn moreNAHB/Wells Fargo Housing Market Index (HMI)
The HMI offers an insider’s perspective on the current state of housing. Each month, builder sentiment about the present and near-term housing market is depicted on a scale of 0 to 100, indicating the portion of builders experiencing positive market conditions.
Learn moreHousing Starts
Housing starts data are key economic indicators that track the pace of residential construction. These monthly Census Bureau statistics typically reflect broader trends within the overall economy such as interest rates and job growth.
Learn moreOther NAHB Blogs
Eye on Housing
NAHB’s economists discuss the latest housing data and policy.
Best in American Living
Follow the latest in residential design trends and building practices.
Know the Show
Get the latest updates about the industry’s premier event, the NAHB International Builders’ Show.®
