Posts Tagged ‘ housing ’

Multifamily Decline Pushes Nationwide Housing Starts Down 14.4 Percent in August

Sep 24th, 2014

Nationwide housing starts fell 14.4 percent to a seasonally adjusted annual rate of 956,000 units in August, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The decline is mostly due to a steep 31.7 percent decline in multifamily production. Single-family housing starts dropped 2.4 […]

New-Home Sales Fall 2.4 Percent in July

Sep 3rd, 2014

Sales of newly built, single-family homes fell 2.4 percent to a seasonally adjusted annual rate of 412,000 units in July, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Sales numbers for June were revised up 16,000 to 422,000. “Though new-home sales is a volatile […]

New Housing Study Shows Construction Picking Up

Jul 1st, 2014

A figure included in The State of the Nation’s Housing by Harvard University showing single-family and multifamily home starts.

The Joint Center for Housing Studies (JCHS) at Harvard University released its annual The State of the Nation’s Housing report on Thursday, which suggested that though the U.S. housing recovery faces a number of challenges, it should regain its footing. While tight credit, unemployment rates, and the sizable student load debt have kept many Millennials […]

Housing Production Falls 6.5 Percent in May

Jun 24th, 2014

Declines in both single- and multifamily starts pushed nationwide housing production down 6.5 percent in May to a seasonally adjusted annual rate of just over 1 million units, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. However, single-family permits, which can be an indicator […]

Apartment and Condominium Market Shows Positive Growth in First Quarter

Jun 3rd, 2014

Production of apartments and condominiums showed positive growth in the first quarter of 2014, according to the latest Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB). The index increased three points to 53, which is the ninth consecutive quarter with a reading of 50 or above. The MPI measures builder […]

Multifamily Surge Propels Housing Starts Over 1 Million Mark in April

May 20th, 2014

Soaring production of multifamily apartments pushed nationwide housing starts above the million-unit mark in April, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Total housing production rose 13.2 percent for the month to a seasonally adjusted annual rate of 1.07 million units, due entirely […]

Housing Affordability Edges Higher in First Quarter

May 20th, 2014

Slightly lower median home prices along with steady mortgage rates contributed to higher housing affordability in the first quarter, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). In all, 65.5 percent of new and existing homes sold between the beginning of January and end of March were affordable to […]

Builder Confidence Remains in Holding Pattern

May 20th, 2014

Builder confidence in the market for newly built, single-family homes in May fell one point to 45 from a downwardly revised April reading of 46 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). “Builders are waiting for consumers to feel more secure about their financial situation,” says NAHB chief economist […]

Builder Confidence Rises for 55+ Market

May 13th, 2014

Builder confidence in the single-family 55+ housing market for the first quarter of 2014 is up year-over-year, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) released last week. Compared to the first quarter of 2013, the single-family index increased 4 points to a level of 50, which is […]

Economic Index Shows Metro Markets Continuing on Path to Normalcy

May 7th, 2014

Of the 351 metro markets measured, 300 have seen year-over-year economic gains, according to the recently released National Association of Home Builders (NAHB)/First American Leading Markets Index (LMI). The index shows that 59 metros have fully returned to or even exceeded their last normal levels of economic and housing activity. The nationwide economic score rose […]