Posts Tagged ‘ Housing Market ’

NAHB: Housing Recovery Could Soar in 2016

May 1st, 2015

AAMA home

*+-The housing market is on the rise—and will keep on rising, according to economists participating in the recent National Association of Home Builders (NAHB) 2015 Spring Construction Forecast Webinar. Solid employment gains, attractive mortgage rates, a growing economy and pent-up demand will keep the market moving up into 2016. “This should be a good year […]

Developers’ Multifamily Market Outlook Holds Steady in the Fourth Quarter

Feb 27th, 2015

*+-Not much has changed in the multifamily market from the third quarter of 2014 to the fourth. That’s according to the Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB), which held steady with a reading of 54 for the fourth quarter of 2014. This capped the third straight year of […]

Housing Affordability Edges Up in the Fourth Quarter

Feb 19th, 2015

*+-Slightly lower interest rates and home prices in markets across the country are the cause of a slight increase in nationwide housing affordability in the fourth quarter of 2014, according to the recently-released National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). In all, 62.8 percent of new and existing homes sold between […]

Builder Confidence in the 55+ Housing Market at a Record Level in Fourth Quarter

Feb 9th, 2015

*+-The fourth-quarter results of the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) show that builders are feeling quite positive about the market. All segments of the market—single-family homes, condominiums and multifamily rental—registered increases compared to the same quarter a year ago. The single-family index increased six points to 54, which […]

Housing Markets Inch Toward Full Recovery

Nov 6th, 2014

*+-Markets in 59 of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the third quarter of 2014, according to the National Association of Home Builders/First American Leading Markets Index (LMI), released this week. This represents a year-over-year net gain of seven markets. The […]

NAHB: Housing Demand Soon to Surpass Supply

Nov 3rd, 2014

*+-For the housing market, very good things are on the way but may take longer than initially expected. During the National Association of Homebuilders’ (NAHB) recent webinar, Mark Zandi, chief economist at Moody’s analytics, offered a holistic outlook of the economy then related it to the housing market. “The broader national economy and the housing […]

Effect of the Energy Boom on Housing

Oct 27th, 2014

*+-Much of the focus on the new energy boom seems to be on the potential negative environmental impacts of fracking and other methods. While we must be mindful of the environmental effects of this energy boom, the same can be said of farming, generating electricity or erecting buildings. One aspect of the energy boom that […]

New-Home Sales Up 18.6 Percent in May

Jun 25th, 2014

*+-Sales of newly built, single-family homes rose 18.6 percent to a seasonally adjusted annual rate of 504,000 units in May, according to newly released data by the U.S. Department ofHousing and Urban Development and the U.S. Census Bureau. This is the highest rate since May 2008. “These numbers are in line with our recent builder […]

Builder Confidence Rises Four Points in June

Jun 16th, 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 […]

Improving Residential Market Leads to Larger Homes and an Increase in Property Enhancements

Jun 17th, 2013

*+-The American Institute of Architects (AIA) has released a study showing that as the residential market continues to improve, home size has grown in response. According to a release from the AIA, this trend is being seen in both high-end and custom homes, as well as in additions to existing homes. These findings are from […]