Posts Tagged ‘ NAHB ’

New Home Sales Up in February

Mar 24th, 2015

Sales of newly built, single-family homes were up a hearty 7.8 percent in February to a seasonally-adjusted annual rate of 539,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This marks the highest sales pace since February 2008. “Most sales activity continues to […]

Housing Starts Down 17 Percent in February

Mar 19th, 2015

As expected with the colder months, housing starts dropped in February. National Association of Homebuilders (NAHB) chief economist David Crowe, however, says the fall had nothing to do with the cold and everything to do with the economy. Nationwide housing starts dropped 17 percent to a seasonally adjusted annual rate of 897,000 units in February, […]

Homebuilders’ Confidence Falls in March

Mar 16th, 2015

NAHB chief economist David Crowe expects the housing market to pick up in 2015.

Homebuilders’ confidence in the single-family housing market slipped in March, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), which came out on Monday. The index dropped two points to 53, the third month in a row it’s fallen. “The drop in builder confidence is largely attributable to supply chain […]

Proposed Bill Aims to Promote Energy Savings

Mar 9th, 2015

U.S. Reps. Marsha Blackburn (R-Tenn.) and Kurt Schrader (D-Ore.) introduced bipartisan legislation last week to develop energy efficiency standards for buildings that don’t overwhelm homeowners and homebuilders with excessive regulations. The Energy Savings and Building Efficiency Act aims to use more cost-effective energy codes to promote savings in commercial buildings and homes. The lawmakers first […]

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 […]