Posts Tagged ‘ NAHB ’

NAHB: Apartment and Condominium Market is on the Upswing

Aug 27th, 2015

The Multifamily Production Index (MPI), put out by the National Association of Home Builders (NAHB), increased one point to a level of 55 for the second quarter of 2015. This is the 14th consecutive quarter with a reading of 50 or above. The MPI measures builder and developer sentiment about current conditions in the apartment […]

Housing Starts Hit Highest Level Since 2007  

Aug 18th, 2015

Housing starts climbed 0.2 percent to a seasonally adjusted annual rate of 1.206 million units in July, according to new data from the U.S. Department of Housing and Urban Development and the Commerce Department. That’s the highest level since October 2007. Single-family starts rose 12.8 percent to a seasonally adjusted annual rate of 782,000 units after June’s […]

Builders’ Confidence at a Nine-Year High

Aug 17th, 2015

Builders in the U.S. are more confident than they have been since November 2005. That’s according to the August National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which rose one point to a level of 61. “The fact the builder confidence has been in the low 60s for three straight months shows […]

NAHB: Housing Got A Little Less Affordable in Second Quarter

Aug 13th, 2015

Rising home prices in several markets led to a small drop in nationwide housing affordability in the second quarter of 2015, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), released on Thursday. In all, 63.2 percent of new and existing homes sold between April 1 and June 30 were affordable to U.S. families earning […]

Thanks to Multifamily Production, Housing Starts Are Way Up

Jul 17th, 2015

  Thanks to a steep jump in multifamily production, nationwide housing starts rose 9.8 percent to a seasonally adjusted annual rate of 1.174 million units in June, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Multifamily production was up 29.4 percent to a seasonally adjusted annual […]

Builders’ Confidence is at its Highest Level Since November 2005

Jul 16th, 2015

Builder confidence in the market for newly built, single-family homes in July hit a level of 60 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) while the June reading was revised upward one point to 60 as well. The last time the HMI reached this level was in November 2005. […]

NAHB Backs Bipartisan Healthcare Bill

Jun 26th, 2015

While the nation is focused on the Supreme Court’s recent ruling that the Affordable Care Act’s subsidies are constitutional, Tom Woods, chairman of the National Association of Home Builders (NAHB), is focused on tweaking another aspect of the law. “NAHB has worked diligently with members of Congress to address an unintended consequence in the Affordable […]

Housing Starts Drop in May

Jun 16th, 2015

Housing starts in the U.S. dropped 11.1 percent to a seasonally adjusted annual rate of 1.036 million units in May from an upwardly revised April reading, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Overall permit issuance rose 11.8 percent to a rate of 1.275 […]

Builder Confidence Reaches Highest Point June

Jun 15th, 2015

With temperatures up, so is builder confidence. Confidence in the market for newly built, single-family homes in June rose five points to a level of 59 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This is the highest reading since September 2014. “Builders are reporting more serious and committed buyers […]

Developers’ Confidence in Multifamily Market Holds Steady

May 28th, 2015

The Multifamily Production Index (MPI) from the National Association of Home Builders (NAHB) held steady with a reading of 54 for the first quarter of 2015, marking the 13th consecutive quarter at 50 or above. The MPI measures builder and developer sentiment about current conditions in the apartment and condominium market on a scale of 0 to 100. […]