Posts Tagged ‘ NAHB ’

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. […]

NAHB: Housing Recovery Could Soar in 2016

May 1st, 2015

AAMA home

The housing market is on the rise—and will keep on rising, according to economists participating in the recent National Association of Home Builders (NAHB) 2015 Spring Construction Forecast Webinar. Solid employment gains, attractive mortgage rates, a growing economy and pent-up demand will keep the market moving up into 2016. “This should be a good year […]

More Remodelers Are Confident in the Market Than Are Not

Apr 23rd, 2015

The market looks good for remodelers following the first quarter of 2015. The newest National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 57. Though off slightly from the historically high level of 60 in the last quarter of 2014, the number is above the key break-even point of 50. […]

Housing Production Up 2 Percent in March

Apr 17th, 2015

With rising springtime temperatures comes rising home production. In March, nationwide housing starts rose 2 percent to a seasonally adjusted annual rate of 926,000 units. That’s an upward revision from February’s reading, according to newly released data from the U.S. Commerce Department. Single-family housing production rose 4.4 percent to a seasonally adjusted annual rate of […]

Builder Confidence Rises Four Points in April

Apr 16th, 2015

Builder confidence in the market for newly built, single-family homes in April rose four points to a level of 56, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). “As the spring buying season gets underway, home builders are confident that current low interest rates and continued job growth will […]

NAHB: Good News on the Green Front

Mar 30th, 2015

The future is looking bright for energy efficiency. During its “New Homes Month” this April, the National Association of Home Builders (NAHB) is shining the spotlight on how new houses increasingly offer the energy-efficient features home buyers seek. Surveys indicate that efficiency is among the most-wanted features of home buyers and that builders are responding to […]

New Home Sales Up in February

Mar 24th, 2015

Sales of newly built, single-family homes were up a hearty 7.8 percent in February to a seasonally-adjusted annual rate of 539,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This marks the highest sales pace since February 2008. “Most sales activity continues to […]

Housing Starts Down 17 Percent in February

Mar 19th, 2015

As expected with the colder months, housing starts dropped in February. National Association of Homebuilders (NAHB) chief economist David Crowe, however, says the fall had nothing to do with the cold and everything to do with the economy. Nationwide housing starts dropped 17 percent to a seasonally adjusted annual rate of 897,000 units in February, […]

Homebuilders’ Confidence Falls in March

Mar 16th, 2015

NAHB chief economist David Crowe expects the housing market to pick up in 2015.

Homebuilders’ confidence in the single-family housing market slipped in March, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), which came out on Monday. The index dropped two points to 53, the third month in a row it’s fallen. “The drop in builder confidence is largely attributable to supply chain […]

Proposed Bill Aims to Promote Energy Savings

Mar 9th, 2015

U.S. Reps. Marsha Blackburn (R-Tenn.) and Kurt Schrader (D-Ore.) introduced bipartisan legislation last week to develop energy efficiency standards for buildings that don’t overwhelm homeowners and homebuilders with excessive regulations. The Energy Savings and Building Efficiency Act aims to use more cost-effective energy codes to promote savings in commercial buildings and homes. The lawmakers first […]