June Monthly Compendium

Research evidence excerpt

June Monthly Compendium

JuneJune16, 202616, 2026

Economic Calendar 3 Home Improvement Spending 81 - 87

Coverage and Valuation Snapshot 4-9 R&R Forecast 88

Home Improvement Wallet Share 89Housing Industry Overview 10-17

Home Improvement Leading Indicators 89 - 94

Consensus Forecasts 13

Transportation Costs 95

Res. Investment as % of GDP 14

Tariff Impact 96

Building Products Revenue Exposure 15 Supply Chain Index 97

NAHB HMI 16 Median Age of Housing Stock 98

Consumer Sentiment 17 Construction Costs 101-109

Household Formation, Demographics, & Employment 18-27 Home Construction Cost Breakdown 99 - 101

Household Formation & Demographics 18-24 Material Costs 102 - 105

Employment Data 25-26

Construction Inflation Index 106 - 108Home Sales and Starts Data 27-44

Mortgage Rate Spreads and NHS Market Share 27 Commodity Pricing 109 - 110

Public vs Private Market Share 28 Company Coverage Overview 111 - 131

NHS/EHS 29 - 38 Homebuilder & Building Products Overview 111 - 113

Starts/Permits 39 - 42 Historical Valuation Charts 114 - 115

Pending Home Sales 43 Returns Analysis 116

YTD Housing Metrics 44

ROE DuPont Analysis 117 - 119Home Pricing 45-52

House Price Indices 45 - 51 Equity Performance 120 - 125

HELOCs 52 Consensus Ratings vs. Wolfe Research 126

Housing Market Health 53 - 108 Short Interest 127 - 128

Metro Permits Data 53

Company Ownership 129 - 130 Field Research 54

Geographic Exposure 55 Consensus vs. Wolfe Expectations 131

MBA Purchase Apps 56 Company Tear Sheets 132-161

MBA Mortgage Credit Availability 57 HB Company Tear Sheets 132 - 137

Mortgage/Treasury Rates 58

BP Company Tear Sheets 138 - 141

Active Mortgage Rates 59

ROIC & ROE Historicals 142 - 143

Rates Buyer Pool 60

2025E Company Operating Metrics 144 - 149 Household Debt Service 61