Posts Tagged ‘ NAHB ’

NAHB Weighs in on Rental Housing Report

Dec 10th, 2013

Rick Judson, chairman of the National Association of Home Builders (NAHB) issued the following statement on a the report on rental housing released yesterday from the Harvard Joint Center for Housing Studies (JCHS). “The report highlights serious affordability problems for many of America’s renter households, and NAHB supports many of the policy initiatives outlined in [...]

Housing Markets Continue Slow Climb Back to Normal

Dec 6th, 2013

Markets in 54 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). The index’s nationwide score of .86 indicates that, based on current permits, prices and employment data, the [...]

Strong Multifamily Sector Pushes October Building Permits above 1 Million

Nov 26th, 2013

Issuance of new building permits rose 6.2 percent to a seasonally-adjusted annual rate of 1.034 million units in October due primarily to a double-digit increase on the multifamily side, according to the U.S. Census Bureau.

Multifamily Market Sentiment Remains Positive

Nov 21st, 2013

The Multifamily Production Index (MPI), released this week by the National Association of Home Builders (NAHB), reached 54 in the third quarter, seven points lower than a spike in the second quarter but the seventh consecutive reading above 50. The MPI measures builder and developer sentiment about current conditions in the apartment and condominium market [...]

Builder Confidence Holds Steady in November

Nov 19th, 2013

Builder confidence in the market for newly built, single-family homes was unchanged in November from a downwardly revised level of 54 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released yesterday. This means that for the sixth consecutive month, more builders have viewed market conditions as good than poor. “Policy [...]

Housing Affordability Continues to Slide in Third Quarter

Nov 14th, 2013

Strengthening house prices and increased interest rates in metros across the country contributed to lower housing affordability in the third quarter, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). In all, 64.5 percent of new and existing homes sold between the beginning of July and end of September were [...]

Builder Confidence in the 55+ Housing Market Continues to Improve

Nov 7th, 2013

Builder confidence in the 55+ housing market showed continued improvement in the third quarter of 2013 compared to the same period a year ago, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) released yesterday. All segments of the market–single-family homes, condominiums and multifamily rental–registered strong increases. The single-family [...]

Remodeling Market Index Climbs For Second Quarter in a Row

Oct 25th, 2013

The Remodeling Market Index (RMI) continued to climb at a modest pace in the third quarter of 2013 rising two points to 57, the highest reading since the first quarter of 2004, according to the National Association of Home Builders (NAHB). An RMI above 50 indicates that more remodelers report market activity is higher (compared [...]

NAHB Estimates Housing Starts Approach 900,000 Units in September

Oct 17th, 2013

As a result of the partial shutdown of the federal government preventing the U.S. Census Bureau from releasing a housing starts estimate for September, the National Association of Home Builders (NAHB) has prepared its own. NAHB estimates that the seasonally adjusted annual rate of construction for single-family homes was between 620,000 and 630,000 units in [...]

Builder Confidence Down in October

Oct 17th, 2013

Builder confidence in the market for newly built, single-family homes fell two points in October from a downwardly revised reading in the previous month to a level of 55 on the National Association of Home Builders/Wells Fargo Housing Market Index (NAHB) (HMI). “A spike in mortgage interest rates along with the paralysis in Washington that [...]