Posts Tagged ‘ NAHB ’

New-Home Sales Rebound in January

Feb 27th, 2014

Sales of newly built, single-family homes rose 9.6 percent to a seasonally adjusted annual rate of 468,000 units in January from an upwardly revised pace of 427,000 units in the previous month, according to data released today by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the strongest [...]

Why Are New Homes Getting So Big? Look at Who’s Buying Them

Feb 27th, 2014

Though the average size of new homes keeps getting bigger, there is more to this home buying trend than meets the eye, according to Census Bureau data presented by the National Association of Home Builders (NAHB) during the International Builders’ Show in Las Vegas in early February. “The average home size has continued to rise [...]

Construction Industry Urges OSHA to Withdraw Silica Rule

Feb 13th, 2014

Some construction industry-related groups are asking the Occupational Safety and Health Administration (OSHA) to withdraw its proposed rule to drastically lower the permissible exposure limit (PEL) of crystalline silica for the construction industry. Input for the last comment period was due February 11, 2014. “OSHA’s current permissible exposure limits (PELs) for crystalline silica were adopted [...]

Leading Markets Index Edges Higher in February as More Markets Recover

Feb 7th, 2014

Markets in 58 out of the approximately 350 metro areas nationwide 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). This represents a net gain of two from the previous month. The index’s nationwide score ticked up [...]

Industry Experts See Continued Improvement Going Forward in the 55+ Housing Market

Feb 7th, 2014

The housing market for the 55+ homebuyer is expected to stay on its path of improvement in 2014, according to industry experts at a press conference held at the National Association of Home Builders (NAHB) International Builders’ Show (IBS) in Las Vegas. “The 55 and over population is one that will steadily rise over the [...]

New-Home Sales Down 7 Percent in December; Up 16.4 Percent for the Year

Jan 27th, 2014

Sales of newly built, single-family homes fell 7 percent to a seasonally adjusted annual rate of 414,000 units in December, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Despite the monthly drop, home sales in 2013 were up 16.4 percent over the previous year. [...]

Remodeling Market Index Steady at Historical High

Jan 24th, 2014

According to the National Association of Home Builders (NAHB), the Remodeling Market Index (RMI) held steady at 57 in the fourth quarter of 2013. This is the same level as the third quarter of 2013 and the highest reading since the first quarter of 2004. An RMI above 50 indicates that more remodelers report market [...]

Builder Confidence Slips One Notch in January

Jan 17th, 2014

Builder confidence in the market for newly built, single-family homes fell one point to 56 in January from a revised December reading of 57 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). “Rising home prices, historically low mortgage rates and significant pent-up demand will drive a continuing, gradual recovery in [...]

New-Home Sales Post Solid November Numbers

Dec 30th, 2013

Sales of newly built, single-family homes declined 2.1 percent to a seasonally adjusted annual rate of 464,000 units in November from an upwardly revised strong pace of 474,000 units in the previous month, according to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Except for October 2013, this is the strongest sales pace since July of 2008, according to officials.

New-Home Production Tops 1 Million in November

Dec 19th, 2013

Led by a solid increase in both single-family and multifamily starts, nationwide housing production rose 22.7 percent to a seasonally adjusted annual rate of 1.09 million in November, according to figures released by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. “Single-family and multifamily starts are at five-year highs, providing [...]