Posts Tagged ‘ NAHB ’

Builder Confidence Down Slightly in January

Jan 20th, 2015

Though still high, builder confidence in the market for newly-built, single-family homes declined one point to 57, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. This marks the third straight month that the index has hovered in the upper 50s range. “January’s HMI reading is in […]

NAHB: Remodelers Optimistic About Market

Jan 16th, 2015

Things are looking up for remodelers. The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a record-high result of 60 in the final quarter of 2014. A reading of 60 indicates remodelers’ confidence in the quarter-over-quarter improvement in the remodeling market. An RMI above 50 indicates that more remodelers report market activity […]

New Home Sales in West Rise Rapidly; Overall Sales Drop Slightly

Dec 29th, 2014

Sales of newly built, single-family homes fell 1.6 percent in November to a seasonally adjusted annual rate of 438,000 units, according to new data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. “Sales have held in a relatively stable range during the past four months,” says NAHB Chief Economist […]

NAHB: Upward Housing Trend to Continue in 2015

Dec 16th, 2014

Crowe drew attention to the fact that though month-to-month the construction numbers bounce around, quarterly there is an upward trend.

The economic and housing outlook for 2015 is a positive one, continuing trends seen in 2014. That’s according to a webinar hosted by the National Association of Homebuilders (NAHB) in which chief economist David Crowe explained the rationale behind builders’ positive outlook. The NAHB/Wells Fargo Housing Market Index (HMI) had builder confidence for newly built […]

Congress Approves National Green Building Standard for Residential Military Construction

Dec 15th, 2014

The National Association of Home Builders (NAHB) released a statement applauding Congress for authorizing the ICC 700 National Green Building Standard (NGBS) for all military residential construction, which represents 16 percent of the federal real estate portfolio. Passed by the Senate, and last week by the House, the National Defense Authorization Act (NDAA) “will provide […]

Developers Feel Multifamily Market’s Not as Strong, but Remain Positive

Nov 21st, 2014

While the sector has been on fire for much of 2014, recent data released by the by the National Association of Home Builders (NAHB) indicated that multifamily housing production is slowing down. The association’s Multifamily Production Index (MPI) reached 54 in the third quarter which is four points below the previous quarter’s reading. It isn’t […]

Single-Family Starts Up 4.2 Percent in October

Nov 20th, 2014

While there’s been a lot of bad news for single-family housing recently, the new report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau is a positive one, according National Association of Home Builders (NAHB). Single-family housing production in October reached its highest level since November 2013, while the more […]

Winter Wonder: Builders Gain Confidence in November

Nov 18th, 2014

Heading into the winter months, single-family homebuilder confidence is actually rising, not falling. That’s according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which has builders’ confidence up to a level of 58 points. “Growing confidence among consumers is what’s fueling this optimism among builders,” says NAHB chairman Kevin Kelly, […]

Home Prices on the Rise, Affordability Slightly Lower in Third Quarter

Nov 14th, 2014

Firming home prices contributed to a slight dip in nationwide housing affordability in the third quarter, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). In all, 61.8 percent of new and existing homes sold between the beginning of July and the end of September were affordable to families earning […]

Senior Home Buying Shows Strong Growth in Third Quarter

Nov 10th, 2014

Seniors are buying homes more this year than last year. That’s according to the National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI). Compared to the third quarter of 2013, the single-family index jumped nine points to a level of 59, which is the highest third-quarter reading since the inception of the index […]