Posts Tagged ‘ Housing ’

New-Home Sales Continue to Trend Relatively Flat in February

Mar 25th, 2014

Sales of newly built, single-family homes fell 3.3 percent to a seasonally adjusted annual rate of 440,000 units in February, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. “We still expect 2014 will be a strong year for housing,” says NAHB chief economist David [...]

Housing Starts Hold Steady in February

Mar 18th, 2014

Nationwide housing starts were virtually unchanged in February, inching down 0.2 percent to a seasonally adjusted annual rate of 907,000 units, according to newly released data from the U.S. Department of Housing and Urban Development and U.S. Census Bureau. “While housing construction is in a recent lull due to unusual weather conditions, we expect to [...]

Homebuilders are ‘Bringing Housing Home’ to Congress This Week

Mar 18th, 2014

Meetings recently began in hundreds of conference rooms, jobsites and legislative offices all over the country as members of the National Association of Home Builders (NAHB) hold a week-long legislative event to underscore the importance of maintaining the American Dream of homeownership. “Because so many members of Congress have returned home for district visits this [...]

Builder Confidence Treads Water in March

Mar 17th, 2014

Builder confidence in the market for newly built, single-family homes rose one point to 47 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). “A number of factors are raising builder concerns over meeting demand for the spring buying season,” says NAHB chief economist David Crowe. “These include a shortage of [...]

NAHB Chairman Kevin Kelly Responds to Johnson-Crapo Housing Finance Reform Deal

Mar 13th, 2014

Kevin Kelly, chairman of the National Association of Home Builders (NAHB) and a homebuilder and developer from Wilmington, Del., issued the following statement regarding the recent announcement by Senate Banking Committee Chairman Tim Johnson (D-S.D.) and Ranking Member Mike Crapo (R-Idaho) that they had reached an agreement on a housing finance reform proposal: “NAHB commends [...]

NAHB Study Reveals Key Differences in Home Preferences Based on Race or Ethnicity

Mar 11th, 2014

The National Association of Home Builders (NAHB) has released the results of a new study, What Home Buyers Really Want: Ethnic Preferences. It is a further analysis of the 2013 study, What Home Buyers Really Want, which presented preferences of all home buyers combined. This new study compares and contrasts how housing preferences are affected [...]

Housing Affordability Holds Steady in Fourth Quarter

Feb 21st, 2014

Slightly lower median home prices along with a small uptick in mortgage rates contributed to housing affordability holding steady in the fourth quarter, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). In all, 64.7 percent of new and existing homes sold between the beginning of October and end of [...]

Cold Weather Drives Housing Starts Down in January

Feb 20th, 2014

Due largely to unusually severe weather, across much of the nation, housing starts fell 16 percent to a seasonally adjusted annual rate of 880,000 units in January, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Meanwhile, single-family permits, which are often a harbinger of [...]

Poor Weather Puts a Damper on Builder Confidence in February

Feb 20th, 2014

Unusually severe weather conditions across much of the nation along with continued concerns over the cost and availability of labor and lots resulted in builder confidence in the market for newly-built, single-family homes to post a 10-point drop to 46 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). “Clearly, constraints [...]

Builder Confidence in the 55+ Housing Market Ends Fourth Quarter on a Record High

Feb 4th, 2014

Builder confidence in the 55+ housing market for the fourth quarter of 2013 is up sharply, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) released today. All segments of the market–single-family homes, condominiums and multifamily rental–registered strong increases compared to the same quarter a year ago. The single-family [...]