Posts Tagged ‘ David Crowe ’

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. [...]

New-Home Sales Post Solid November Numbers

Dec 30th, 2013

Sales of newly built, single-family homes declined 2.1 percent to a seasonally adjusted annual rate of 464,000 units in November from an upwardly revised strong pace of 474,000 units in the previous month, according to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Except for October 2013, this is the strongest sales pace since July of 2008, according to officials.

Housing Forecast: The Good News Continues

Oct 4th, 2013

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When the National Association of Homebuilders (NAHB) held its annual Fall Construction Forecast Webinar this week, the economists had numerous good news indicators to share—a welcome change from recent years. David Crowe, NAHB chief economist, reported that “multifamily has been the star of the show. We are seeing this move up nicely but its growth [...]

Economists Say Housing Will See Upturn; Warn Headwinds May Impede Growth

Jan 24th, 2013

Economists speaking at the International Builders’ Show in Las Vegas say the housing market will begin to pick up speed in its recovery during 2013, but note that this growth may be met with some opposition. “Nearly every measure of housing market strength—sales, starts, prices, permits and builder confidence—has been trending upward in recent months [...]

NAHB Optimistic for Continued Construction Growth

Oct 18th, 2012

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Optimism reigned during the National Association of Home Builders’ (NAHB) Construction Forecast webinar on October 17. David Crowe, NAHB chief economist, opened the session by pointing out how nicely it coincided with the Census Bureau’s release of good news in the area of housing starts, a “nice solid increase of 15-percent housing starts … and [...]

Housing Starts, Permits Post Big Gains in September

Oct 18th, 2012

Nationwide production and permitting of new homes rose sharply in September to their highest levels in more than four years, according to newly released figures from HUD and the U.S. Census Bureau. A 15-percent gain brought the pace of new housing construction to a seasonally adjusted annual rate of 872,000 units, while an 11.6-percent gain [...]

Crowe Opens Fenestration Day with Optimistic Forecast

Apr 12th, 2012

David Crowe, chief economist for the National Association of Homebuilders, opened Fenestration Day this morning with his presentation, “Looking into Housing Markets’ Crystal Ball.” Manufacturers, dealers, distributors and suppliers are all taking part in the event today, which is being held at the El Tropicano Riverwalk Hotel in San Antonio. Taking a look back at [...]

Leading Economist to Keynote Fenestration Day

Jan 19th, 2012

Members of the door and window industry, are keenly attuned to changes in housing numbers, and are always seeking the latest forecasts. Industry members should make plans now to attend Fenestration Day to be held April 12 in San Antonio, as David Crowe, chief economist for the National Association of Homebuilders (NAHB), will serve as [...]