Posts Tagged ‘ NAHB ’

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. […]

Builders Are Much More Confident this May

May 18th, 2015

Builder confidence in the market for newly built, single-family homes in May is at a level of 54 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). It is a nine-point increase from the May 2014 reading of 45, though two points less than it was in April 2015. “Consumers are […]

NAHB: Housing Affordability Rises in First Quarter

May 14th, 2015

Lower interest rates and falling home prices boosted housing affordability in the first quarter of 2015, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), released today. In all, 66.5 percent of new and existing homes sold between the first of January and end of March were affordable to families earning […]

NAHB: Many Metro Housing Markets Are Returning to Normal

May 8th, 2015

“Normal” might be back on the horizon for many U.S. housing markets. In the first quarter of 2015, 68 of the nation’s 360 metro areas returned to or exceeded their last normal levels of economic and housing activity, according to the latest National Association of Home Builders/First American Leading Markets Index (LMI). That’s a gain […]

Kitchens, Bathrooms Still Most Popular Remodeling Projects

May 5th, 2015

May is National Home Remodeling Month, and the National Association of Home Builders (NAHB) Remodelers just released a survey on the most popular remodeling jobs by its members. Remodelers report that kitchen and bathroom projects remain the most popular, and that home owners’ No. 1 motivation for remodeling was to upgrade to newer, better features. […]