
Housing’s Share of GDP Declines in 2025
Housing’s Share of GDP Just Slipped… Here’s Why That Matters
Recent analysis of Bureau of Economic Analysis databy the NAHB’s Eye on Housingfound that Housing’s share of the economy was 16% in the fourth quarter of 2025 – down from 16.1% in Q3 and is also lower than one year ago. The graph below plots the share for housing services and RFI (residential fixed investment) along with housing’s total share of nominal GDP.

