National Association of Home Builders (NAHB)

A result of elevated interest rates, supply chain disruptions, and high home prices.

Submit letter to the White House & National Economic Council urging reduction in mortgage insurance premium.

Organization says nearly 1 in 5 construction workers battle addiction.

NAHB chief economist says Fed policy & high construction costs will cause first decline in housing starts since 2011.

Confidence, sales and HMI points all plummeted during the month of July.

Says refusal to cut tariffs on Canadian lumber turns 'a blind eye to America’s housing affordability crisis .'