Posts Tagged ‘ NAHB ’

Developers’ Multifamily Market Outlook Holds Steady in the Fourth Quarter

Feb 27th, 2015

Not much has changed in the multifamily market from the third quarter of 2014 to the fourth. That’s according to the Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB), which held steady with a reading of 54 for the fourth quarter of 2014. This capped the third straight year of […]

New Home Sales Keep Up With Pace in January

Feb 26th, 2015

Sales of newly built, single-family homes dropped 0.2 percent in January to a seasonally adjusted annual rate of 481,000 units from higher numbers in December, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. “The fact that January sales numbers maintained the gains we made […]

Housing Affordability Edges Up in the Fourth Quarter

Feb 19th, 2015

Slightly lower interest rates and home prices in markets across the country are the cause of a slight increase in nationwide housing affordability in the fourth quarter of 2014, according to the recently-released National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). In all, 62.8 percent of new and existing homes sold between […]

Midwest’s Harsh Winter Pushes Housing Starts Down 2 Percent in January

Feb 19th, 2015

Nationwide housing starts fell 2 percent to a seasonally adjusted annual rate of 1.065 million units in January, according to newly released data from the U.S. Commerce Department. The drop was mainly due to a 22.2 percent decrease in the Midwest. Single-family housing production fell 6.7 percent to a seasonally adjusted annual rate of 678,000 […]

As Snow Falls, So Does Builder Confidence

Feb 17th, 2015

Builder confidence in the market for newly built, single-family homes in February fell two points to a level of 55 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). “For the past eight months, confidence levels have held in the mid- to upper 50s range, which is consistent with a modest, ongoing […]

Builder Confidence in the 55+ Housing Market at a Record Level in Fourth Quarter

Feb 9th, 2015

The fourth-quarter results of the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) show that builders are feeling quite positive about the market. All segments of the market—single-family homes, condominiums and multifamily rental—registered increases compared to the same quarter a year ago. The single-family index increased six points to 54, which […]

Housing Markets Continue to Make Modest Gains Nationwide

Feb 6th, 2015

For housing, things are getting back to normal—and then some—in a lot of places. Markets in 63 of the nearly 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the fourth quarter of 2014, according to the recently released National Association of Home Builders (NAHB)/First American […]

Millennials Want Smaller Homes, Energy-Efficient Windows

Jan 26th, 2015

When it comes to home buying, Millennials won’t skimp on anything—except size. Such were the sentiments of panelists during an International Builders’ Show press conference on home trends and Millennials’ home preferences held last week. As Millennials enter the home-buying market in larger numbers, residences will get a little smaller, laundry rooms will be essential […]

Housing Construction Industry Ends Year Positively

Jan 23rd, 2015

Single-family housing production made solid gains at the end of last year. The number of nationwide housing starts rose 4.4 percent to a seasonally adjusted annual rate of 1.089 million units in December, according to newly released data from the U.S. Commerce Department. For the year, overall housing starts topped 1 million units. “With overall […]

NAHB: Multifamily Housing Will Remain Strong in 2015 as Demand from Renters Continues

Jan 23rd, 2015

  The multifamily housing market will continue to do what it’s been doing: multiplying. The number of multifamily apartments forecast to be built is likely to reach a sustainable level that is higher than the levels of production in the past. As the industry reaches that new plateau, the pace of construction is likely to […]