• Pending home sales in January decreased by 0.8% from the prior month and 0.4% year-over-year, according to the Pending Home Sales Report from the National Association of Realtors® (Chicago). Month-over-month pending home sales rose in the Midwest and West but declined in the Northeast and South. Year-over-year pending home sales rose in the South and West and declined in the Northeast and Midwest.
• Housing’s share of the economy was 16.0% in the fourth quarter of 2025, according to the latest estimates of GDP produced by the Bureau of Economic Analysis, as reported by the National Association of Home Builders (Washington, D.C.). This share is down from 16.1% in the third quarter and from 16.3% a year ago.
• Total construction activity for December was $2,168.8 billion—0.3% above activity for November, according to the U.S. Census Bureau (Washington, D.C.). Click here for a detailed breakdown.
• The Annual Hardwood Fly-In to D.C, sponsored by the Hardwood Federation (Washington, D.C.), will take place June 8-10. Industry members will converge on Capitol Hill to meet with members of Congress, reinforce the value of the hardwood to rural economies and advocate for policies that support hardwood companies. More information is expected to be posted here soon.
