Posts Tagged ‘ NAHB ’

MMPA Holds Event, Plant Tours in Lancaster, Pa.

Sep 19th, 2014

Weinig Table Top

Moulding and millwork professionals united for a time of networking, tours and a tradeshow last week in Lancaster, Pa. The event, sponsored by the Moulding and Millwork Producers Association, featured two evenings of information exchange receptions with the latest industry technologies and products from suppliers. Craig Young of TLC Moulding sees the event as important [...]

Multifamily Decline Pushes Nationwide Housing Starts Down 14.4 Percent in August

Sep 19th, 2014

Nationwide housing starts fell 14.4 percent to a seasonally adjusted annual rate of 956,000 units in August, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The decline is mostly due to a steep 31.7 percent decline in multifamily production. Single-family housing starts dropped 2.4 [...]

Builder Confidence at Highest Point Since November of 2005

Sep 18th, 2014

Builder confidence in the market for newly built, single-family homes rose for the fourth month in a row in September to a level of 59 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This latest four-point gain brings the index to its highest reading since November of 2005. “While a [...]

Apartment and Condo Housing Index Gains in Second Quarter

Aug 28th, 2014

The Multifamily Production Index (MPI), an indicator for the multifamily market released by the National Association of Home Builders (NAHB), posted a gain of five points to a reading of 58 for the second quarter. It is the 10th straight quarter with a reading of 50 or above. The MPI measures builder and developer sentiment [...]

New-Home Sales Fall 2.4 Percent in July

Aug 25th, 2014

Sales of newly built, single-family homes fell 2.4 percent to a seasonally adjusted annual rate of 412,000 units in July, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Sales numbers for June were revised up 16,000 to 422,000. “Though new-home sales is a volatile [...]

Housing Starts Rise in July

Aug 19th, 2014

Nationwide housing starts, fueled by strong single- and multifamily growth, rose 15.7 percent to a seasonally adjusted annual rate of 1.093 million units in July, the highest level since November 2013, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Single-family housing starts were up [...]

Builder Confidence Rises Two Points in August

Aug 18th, 2014

Builder confidence in the market for newly built, single-family homes rose two points to 55 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for August, released today. This third consecutive monthly gain puts the index at its highest level since January. The HMI gauges builder perceptions of current single-family home [...]

Second Quarter Increases in Home Values Affect Housing Affordability

Aug 14th, 2014

Nationwide housing affordability dipped in the second quarter of 2014 as several markets saw a firming of home prices, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). In all, 62.6 percent of new and existing homes sold between the beginning of April and the end of June were affordable to [...]

Housing Recovery Continues at Slow Pace

Aug 8th, 2014

Markets in 56 of the approximately 350 metro areas nationwide have 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), which represents a net gain of seven markets over last year. The index’s nationwide score moved up [...]

Rising Home Prices Have Prospective Buyers Wary

Aug 5th, 2014

Each $1,000 increase in the cost of a new median-priced home price forces 206,000 prospective buyers out of the marketplace, according to a new study by the National Association of Home Builders (NAHB). The number of households affected varies across states and metro areas and largely depends on their population, income distribution and new home [...]