Posts Tagged ‘ Housing ’

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 […]

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 […]