Posts Tagged ‘ NAHB ’

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 […]

Residential Remodeling Market to Experience Modest Growth in 2015

Jan 22nd, 2015

*+-Residential remodeling is on the up-and-up—if only a little bit. The sector is set for modest growth in 2015, according to experts at a press conference hosted by the National Association of Home Builders (NAHB) Remodelers at the International Builders’ Show (IBS). Remodelers appearing on the panel agreed with the forecast, citing home owners’ changing […]

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 […]