Articles Tagged with ''market trends''

The Home Improvement Research Institute now projects U.S. home improvement sales to grow 2.5% in 2025, down from June’s 3.4% outlook, citing economic headwinds.

Builder confidence held steady in September, but falling mortgage rates and expected Fed cuts lifted future sales expectations, NAHB/Wells Fargo index shows.

Single-family home building fell in most regions in Q2 2025, led by metro suburbs. Multifamily starts rose in smaller markets, NAHB data show.

Confidence in the multifamily housing market showed tentative signs of improvement in the second quarter, with builder sentiment rising modestly year-over-year despite persistent challenges from high interest rates and construction costs, according to the latest National Association of Home Builders survey. 

U.S. housing starts fell sharply in May, dropping 9.8% to a seasonally adjusted annual rate of 1.26 million units, driven primarily by a steep decline in multifamily construction amid persistent economic headwinds.

The home improvement industry is expected to grow more slowly than previously forecast as tariffs and housing market challenges dampen spending, according to new research from the Home Improvement Research Institute.

New home sales jumped 10.9% in April to 743,000 units despite high interest rates and construction costs. Home builders call it an anomaly, with 61% now offering sales incentives. Year-to-date sales still down 1.2% as industry faces ongoing economic uncertainty.

The Tile Council of North America report shows total consumption reached 2.70 billion square feet, marking the second consecutive year of market contraction as imports maintain a dominant 71.5% market share.

Growing economic uncertainty stemming from tariff concerns and elevated building material costs kept builder sentiment in negative territory in April, despite a modest bump in confidence likely due to a slight retreat in mortgage interest rates in recent weeks.

Construction spending rose 0.4% in October driven by residential gains, while many federal projects remain stalled due to regulatory reviews, according to a new Associated General Contractors of America analysis.