Posts Tagged ‘ NAHB ’

NAHB: Upward Housing Trend to Continue in 2015

Dec 17th, 2014

Crowe pointed out that though construction numbers bounce around month to month, quarterly there’s an upward trend.

The economic and housing outlook for 2015 is a positive one, continuing trends seen in 2014. That’s according to a webinar hosted by the National Association of Homebuilders (NAHB) in which chief economist David Crowe explained the rationale behind builders’ positive outlook. The NAHB/Wells Fargo Housing Market Index (HMI) had builder confidence for the newly-built […]

Winter Wonder: Builders Gain Confidence in November

Nov 19th, 2014

Heading into the winter months, single-family homebuilder confidence is actually rising, not falling. That’s according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which has builders’ confidence up to a level of 58 points. “Growing confidence among consumers is what’s fueling this optimism among builders,” says NAHB chairman Kevin Kelly, […]

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 […]

Housing Starts Rise in July

Aug 19th, 2014

Nationwide housing starts, fueled by strong single- and multifamily growth, rose 15.7 percent to a seasonally adjusted annual rate of 1.093 million units in July, the highest level since November 2013, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Single-family housing starts were up […]

Second Quarter Single-Family Home Builder Confidence is at Highest Level Since 2008

Aug 12th, 2014

Builder confidence in the single-family 55+ housing market for the second quarter was up over last year, according to the latest National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI). Compared to the second quarter of 2013, the single-family index increased three points to a level of 56, which is the highest second-quarter […]

South Goes South: Nationwide Housing Starts Down 9.3 Percent in June

Jul 18th, 2014

Nationwide housing production fell 9.3 percent to a seasonally adjusted annual rate of 893,000 units in June, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The drop was due primarily to a nearly 30 percent decline in the South. All other regions posted monthly […]

Single-Family Home Builders’ Confidence Up in July

Jul 17th, 2014

Builder confidence in the market for newly-built single-family homes reached an important milestone in July, rising four points to a reading of 53 on the monthly National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). “An improving job market goes hand-in-hand with a rise in builder confidence,” says NAHB chief economist David Crowe. […]

Builder Confidence Rises Four Points in June

Jun 17th, 2014

Builder confidence in the market for newly built, single-family homes rose four points in to reach a level of 49 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released yesterday. “After several months of little fluctuation, a four-point uptick in builder sentiment is a welcome sign and shows some renewed confidence […]

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 […]