Posts Tagged ‘ Housing ’

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 […]

New-Home Sales Down 7 Percent in December; Up 16.4 Percent for the Year

Jan 27th, 2014

*+-Sales of newly built, single-family homes fell 7 percent to a seasonally adjusted annual rate of 414,000 units in December, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Despite the monthly drop, home sales in 2013 were up 16.4 percent over the previous year. […]

Nationwide Housing Production Edges Just Under 1 Million Units in December

Jan 17th, 2014

*+-Following an unusual surge in housing starts in November, nationwide housing production fell 9.8 percent to a seasonally adjusted annual rate of 999,000 units in December, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. “Last year was a good year for home building, with […]

Housing Markets Continue to Show Gradual Improvement

Jan 7th, 2014

*+-Markets in 56 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 today. This represents a net gain of two from the previous month. The index’s nationwide score […]

Housing Markets Continue Slow Climb Back to Normal

Dec 6th, 2013

*+-Markets in 54 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). The index’s nationwide score of .86 indicates that, based on current permits, prices and employment data, the […]

New-Home Sales Up Sharply in October

Dec 5th, 2013

*+-Sales of newly built, single-family homes rose 25.4 percent to a seasonally adjusted annual rate of 444,000 units in October, according to data released by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The government also reported that new-home sales fell 6.6 percent in September. The release of both the […]

Strong Multifamily Sector Pushes October Building Permits above 1 Million

Nov 26th, 2013

*+-Issuance of new building permits rose 6.2 percent to a seasonally-adjusted annual rate of 1.034 million units in October due primarily to a double-digit increase on the multifamily side, according to the U.S. Census Bureau.

Housing Affordability Continues to Slide in Third Quarter

Nov 14th, 2013

*+-Strengthening house prices and increased interest rates in metros across the country contributed to lower housing affordability in the third quarter, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). In all, 64.5 percent of new and existing homes sold between the beginning of July and end of September were […]