NAA Five, for the Week Ending August 21st, 2026

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NAAHQ // Aug. 21, 2026
NAA
 
NAA FIVE
A weekly digest of key rental housing news and takeaways
prepared exclusively for NAA’s leadership
 

The Big Picture: Housing prices continue to face upward pressure and new residential construction fell in July. AI is speeding up incomplete applications for housing permitting delays. New starter homes are struggling as luxury properties thrive. 

This week’s top stories
What We're Advocating

Investment: States are increasingly putting their unique spin on policies that ban or severely limit institutional investment in single-family homes. In practice, these policies can have the opposite of their intended result given the restrictions they place on new capital, causing market uncertainty and ultimately reducing supply. Track the latest

What We're Saying

Operational Resilience Report: A new report released this week and conducted by NAA in partnership with Flex investigates current trends in fostering operational resilience, including workforce management, risk assessment, regulatory pressure, the role of flexible payment solutions and how operators are responding to these pressures. Access key findings. 

New Construction: New residential construction slowed in July as builders continue navigating high costs, according to the latest data from the U.S. Census Bureau. Read the latest with NAA's Economic Indicators.

What We're Doing

Operational Challenges: In a new article on how fighting fraud is getting more complex, NAA’s Senior Manager of Industry Relations Tiana Heath adds insights on operational challenges and more. Learn more. 

Volunteering at NAA: The deadline to volunteer on an NAA or NAAEI committee is quickly approaching! Volunteering offers a rewarding opportunity to make an impact while engaging with a dynamic community of multifamily housing professionals. Connect with industry peers, stay informed on the latest trends and put your skills to work. Apply by Sept. 1. 

What We're Hearing

Housing: “U.S. single-family homebuilding fell sharply in July to the lowest in more than three-and-a-half-years and contract signings for purchases of existing homes also slid in the latest signal that the housing market remains under pressure from higher mortgage rates and economic uncertainty from the Iran war.” (Reuters)