Posts Tagged ‘ NAHB ’

NAHB Members Celebrate National Building Systems Week

Jul 31st, 2014

Members of the Building Systems Councils (BSC) of the National Association of Home Builders (NAHB) will celebrate National Building Systems Week August 3-9 by offering model home tours, demonstrations and more. This week-long national event aims to educate consumers on the differences between system-built homes versus traditional stick built and provide them with the information [...]

Remodeling Indicators Show Increase in Second Quarter

Jul 25th, 2014

charts with pen

Most indicators in the 2014 Remodeling Business Pulse (RBP) survey pointed to growth in the remodeling industry this quarter. The survey, conducted by the National Association of the Remodeling Industry (NARI), offers a more positive report than it did last quarter, which showed a decline in business conditions during the first three months of 2014. [...]

Remodeler Confidence Up in Second Quarter

Jul 25th, 2014

The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) rose in the second quarter of 2014 from 52 points to 56, regaining the momentum built in 2013. This is the fifth consecutive quarter for an RMI reading above 50. An RMI above 50 indicates that more remodelers report market activity is higher (compared [...]

New-Home Sales Down 8.1 Percent in June

Jul 23rd, 2014

Sales of newly built, single-family homes fell 8.1 percent to a seasonally adjusted annual rate of 406,000 units in June, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Sales numbers for May were revised downward to 442,000. “The numbers are a little disappointing, but [...]

South Goes South: Nationwide Housing Starts Down 9.3 Percent in June

Jul 18th, 2014

Nationwide housing production fell 9.3 percent to a seasonally adjusted annual rate of 893,000 units in June, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The drop was due primarily to a nearly 30 percent decline in the South. All other regions posted monthly [...]

Single-Family Home Builders’ Confidence Up in July

Jul 17th, 2014

Builder confidence in the market for newly-built single-family homes reached an important milestone in July, rising four points to a reading of 53 on the monthly National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). “An improving job market goes hand-in-hand with a rise in builder confidence,” says NAHB chief economist David Crowe. [...]

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 [...]

Housing Production Falls 6.5 Percent in May

Jun 17th, 2014

Declines in both single- and multifamily starts pushed nationwide housing production down 6.5 percent in May to a seasonally adjusted annual rate of just over 1 million units, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. However, single-family permits, which can be an indicator [...]

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 [...]

Congress Withdraws Patent Reform Bill

May 30th, 2014

Last week, Senator Patrick Leahy (D-Vt.), Chair of the Senate Judiciary Committee, withdrew a patent reform bill that was passed by the House and due to come before the Senate. The bill was controversial, according to Reuters, but did garner support from many technology companies. The news was met with dismay by many in the [...]