The Build Radicals

March’s 0.6% monthly increase was followed by a 0.8% increase in April 2026 in private residential construction spending. Growth in single-family and home improvement expenditures was the primary factor contributing to this increase. Additionally, there was a 1.7% increase in the entirety of private residential construction expenditure from the previous year. Single-family construction spending increased […]

April Private Residential Construction Spending Rises - Home Builders News - Build Radicals March’s 0.6% monthly increase was followed by a 0.8% increase in April 2026 in private residential construction spending. Growth in single-family and home improvement expenditures was the primary factor contributing to this increase. Additionally, there was a 1.7% increase in the entirety of priva...

The median price of a new single-family home in the first quarter of 2026 was $403,200, or $1,400 less than the median price of an existing home, which was $404,600. According to data from the U.S. Census Bureau and the (not seasonally adjusted – NSA), this is the fourth consecutive quarter […]

NAR: Existing vs New Home Prices in Q1 2026 - Home Builders News - Build Radicals The median price of a new single-family home in the first quarter of 2026 was $403,200, or $1,400 less than the median price of an existing home, which was $404,600. According to data from the U.S. Census Bureau and the National Association of Realtors (not seasonally adjusted – NSA), this is the ...

The construction of multifamily missing middles experienced a decline at the beginning of 2026. Development of medium-density housing, including townhouses, duplexes, and other small multifamily properties, is included in the missing middle construction sector. In general, the multifamily segment of the missing middle (apartments in 2- to 4-unit properties) has disappointed since the Great Recession. […]

NAHB: Multifamily Missing Middle Construction in Q1 2026 - Home Builders News - Build Radicals The construction of multifamily missing middles experienced a decline at the beginning of 2026. Development of medium-density housing, including townhouses, duplexes, and other small multifamily properties, is included in the missing middle construction sector. In general, the multifamily segment of...

The number of multifamily, for-rent housing starts increased year-over-year during the first quarter of 2026, as per ’s analysis of quarterly Census data. The construction of 107,000 multifamily residences commenced during the quarter. Of this total, 103,000 were constructed for rental purposes. This total of built-for-rent units was 21% higher than that of the first […]

Multifamily Construction Data in Q1 2026 - Home Builders News - Build Radicals The number of multifamily, for-rent housing starts increased year-over-year during the first quarter of 2026, as per NAHB’s analysis of quarterly Census data. The construction of 107,000 multifamily residences commenced during the quarter. Of this total, 103,000 were constructed for rental purpose...

Custom home building has been a relative bright point, despite the fact that overall single-family construction has decreased by 5% in the first four months of 2026. The custom building market is less susceptible to fluctuations in interest rates than other types of home construction; however, it is more susceptible to fluctuations in household wealth […]

Construction's Bright Spot: Custom Home Building - Home Builders News - Build Radicals Custom home building has been a relative bright point, despite the fact that overall single-family construction has decreased by 5% in the first four months of 2026. The custom building market is less susceptible to fluctuations in interest rates than other types of home construction; however, it is...

The latest ( ) indicates that single-family construction decreased in all geographies during the first quarter of 2026. This decline was attributed to the slowdown in home building activities at the beginning of the year, which was exacerbated by elevated interest rates, rising material costs, and labor shortages. Meanwhile, multifamily construction maintained […]

NAHB: Single-family construction falls HBGI Q1 2026 across all regions - Home Builders News - Build Radicals The latest Home Building Geography Index (HBGI) indicates that single-family construction decreased in all geographies during the first quarter of 2026. This decline was attributed to the slowdown in home building activities at the beginning of the year, which was exacerbated by elevated interest ra...

The Bureau of Labor Statistics Job Openings and Labor Turnover Survey ( ) indicated that the number of vacant positions in the construction sector increased in April. The present level of open jobs is significantly lower than it was three years ago as a result of a decrease in construction activity, particularly in the housing sector. […]

JOLTS: Construction job openings rise slightly - Home Builders News - Build Radicals The Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS) indicated that the number of vacant positions in the construction sector increased in April. The present level of open jobs is significantly lower than it was three years ago as a result of a decrease in construction activ...

Residential remodeling is a significant and expanding sector of the housing market, as a result of the limited housing inventory and high mortgage rates, which motivate numerous householders to enhance their current residences rather than relocate. Additionally, the persistent housing inadequacy issue and the elderly housing stock continue to fuel the increasing demand for home […]

NAHB: Renovation spending - Who drives it? - Home Builders News - Build Radicals Residential remodeling is a significant and expanding sector of the housing market, as a result of the limited housing inventory and high mortgage rates, which motivate numerous householders to enhance their current residences rather than relocate. Additionally, the persistent housing inadequacy iss...

Builder confidence experienced a slight increase in May, despite the fact that purchasers are currently grappling with increasing mortgage rates and economic uncertainty, while builders are still grappling with elevated land, labor, and construction costs. In May, the ( )/Wells Fargo Housing Market Index (HMI) reported that builder confidence in the […]

NAHB: Builder Sentiment Rises in May, but Affordability Issues Persist - Home Builders News - Build Radicals Builder confidence experienced a slight increase in May, despite the fact that purchasers are currently grappling with increasing mortgage rates and economic uncertainty, while builders are still grappling with elevated land, labor, and construction costs. In May, the National Association of Home Bu...

According to ’s quarterly survey on AD&C Financing, credit conditions on loans for residential Land Acquisition, Development & Construction (AD&C) were still tightening in the first quarter of 2026, albeit only marginally. The first-quarter reading of the net easing index, which is derived from the survey, was -2.7. This is the index’s closest approach […]

NAHB: Builder Credit Tightens Slightly in First Quarter - Home Builders News - Build Radicals According to NAHB’s quarterly survey on AD&C Financing, credit conditions on loans for residential Land Acquisition, Development & Construction (AD&C) were still tightening in the first quarter of 2026, albeit only marginally. The first-quarter reading of the net easing index, which is derived fro...