Posts Tagged ‘ NAHB ’

Builder Confidence Holds Steady in April

Apr 16th, 2014

Builder confidence in the market for newly built, single-family homes rose one point to 47 in April from a downwardly revised March reading of 46 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). “Job growth is proceeding at a solid pace, mortgage interest rates remain historically low and home prices are […]

Leading Markets Index Shows 59 Metros at or Above Normal Levels

Mar 12th, 2014

Markets in 59 out of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home Builders (NAHB)/First American Leading Markets Index (LMI), released yesterday. This represents a net gain of one from the previous month. The index’s nationwide score […]

Residential Remodeling Market Continues Gradual Climb, Bath and Kitchen Most Popular Upgrades

Feb 12th, 2014

Residential remodeling will continue a gradual climb back up in 2014 from a dramatic fall during the economic downturn, according to experts at a press conference hosted by the National Association of Home Builders (NAHB) Remodelers at the International Builders’ Show (IBS) in Las Vegas. Remodelers from around the country agreed with the forecast, citing […]

Green Home Building Continues to Climb Says New McGraw Hill Construction Study

Feb 12th, 2014

McGraw Hill Construction, a part of McGraw Hill Financial, released findings from a new Green Home Builders and Remodelers Study at the National Association of Home Builders (NAHB) International Builders’ Show in Las Vegas. Green homes comprised 23 percent of the overall residential construction market in 2013 and are expected to grow to between 26 […]

Housing Markets Continue Slow Climb Back to Normal

Dec 9th, 2013

Markets in 54 out of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home Builders (NAHB)/First American Leading Markets Index (LMI). The index’s nationwide score of .86 indicates that, based on current permits, prices and employment data, the […]

NAHB Estimates Housing Starts Approach 900,000 Units in September

Oct 22nd, 2013

NAHB estimates that the seasonally adjusted annual rate of construction for single-family homes was between 620,000 and 630,000 units in September. The association estimates that the pace of construction of multifamily units was an additional 255,000 to 270,000, bringing the anticipated pace of total housing starts in September to between 875,000 and 900,000 units. “The […]

Builder Confidence Down in October

Oct 22nd, 2013

Builder confidence in the market for newly built, single-family homes fell two points in October from a downwardly revised reading in the previous month to a level of 55 on the National Association of Home Builders/Wells Fargo Housing Market Index (NAHB) (HMI). “A spike in mortgage interest rates along with the paralysis in Washington that […]

Single-Family Production Pushes Housing Starts Up in August

Sep 24th, 2013

Led by a solid increase in single-family starts, nationwide housing production rose 0.9 percent to a seasonally adjusted annual rate of 891,000 units in August, according to figures released by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Meanwhile, construction of multifamily buildings slowed following a rebound in the previous […]

A Pause in Builder Confidence

Sep 24th, 2013

Following four consecutive months of improvement, builder confidence in the market for newly built, single-family homes held unchanged in September with a reading of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). “Following a solid run up in builder confidence over the past year, we are seeing a pause in […]

Higher Mortgage Rates Prompt Pause in New-Home Sales in July

Aug 26th, 2013

Sales of newly built, single-family homes declined 13.4 percent to a seasonally adjusted annual rate of 394,000 units in July as higher mortgage rates prompted a temporary pause in buying activity, according to newly released data from HUD and the U.S. Census Bureau. “The drop-off in sales in July is in part a reflection of […]