Sales of new single-family homes grew 1.6% in June to an annualized rate of 628,000, 5.6% lower than in June 2025. The median sales price of new houses sold in June 2026 was $398,300, 3.3% lower than last month and 2.7% lower than in June 2025.

U.S. Department of Agriculture Acting Under Secretary Todd Lindsey announced the agency is guaranteeing $80 million through the Timber Production Expansion Guaranteed Loan Program (TPEP) and Business and Industry Guaranteed Loan Program to support businesses in Oregon and Nevada, boost domestic timber production, and improve forest health.

Blake Schwartz is a co-owner of Eagle Woodworking, where he leads the company’s sales and marketing efforts. His work focuses on market analysis, customer acquisition, and developing educational content and resources that help contractors, cabinetmakers, and builders grow their businesses.

The U.S. Department of Commerce announced that the Economic Development Administration (EDA) intends to award $169 million across six selected Tech Hubs to advance U.S. leadership in industries essential to our economic competitiveness and national security.

BlackRock, Carhartt, Ford Motor Company, and Google have come together to launch the Alliance for America's Skilled Trades, a new initiative focused on expanding access to skilled trades training and helping meet the nation's growing workforce needs.

Strong multifamily growth pushed overall housing starts higher in June, while single-family production remained sluggish as elevated mortgage rates, rising construction costs and persistent labor shortages continued to weigh on the market. Overall housing starts increased 19% in June to a seasonally adjusted annual rate of 1.43 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

Builder confidence in the market for newly built single-family homes fell two points to 34 in July, down from an upwardly revised reading of 36 in June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Sentiment has remained below 40 for 15 consecutive months, the longest such stretch since 2012.

Construction input prices decreased 1.1% in June compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices also decreased 1.1% for the month.

UPDATE: Housing bill automatically became law after Trump did not veto the legislation. President Trump has refused to sign the housing bill despite the legislation passing both houses of Congress with overwhelming majorities. Despite his remonstrations, the bill could still become law if Trump doesn't officially veto the legislation before midnight tonight, July 10.

May cabinet sales were down compared to the year prior, but up slightly compared to the month prior, according to the Kitchen Cabinet Manufacturers Association's Trend of Business report.