Posts Tagged ‘ NAHB ’

Builder Confidence Rises Two Points in August

Aug 18th, 2014

Builder confidence in the market for newly built, single-family homes rose two points to 55 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for August, released today. This third consecutive monthly gain puts the index at its highest level since January. The HMI gauges builder perceptions of current single-family home […]

Second Quarter Increases in Home Values Affect Housing Affordability

Aug 14th, 2014

Nationwide housing affordability dipped in the second quarter of 2014 as several markets saw a firming of home prices, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). In all, 62.6 percent of new and existing homes sold between the beginning of April and the end of June were affordable to […]

Housing Recovery Continues at Slow Pace

Aug 8th, 2014

Markets in 56 of the approximately 350 metro areas nationwide have 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), which represents a net gain of seven markets over last year. The index’s nationwide score moved up […]

Rising Home Prices Have Prospective Buyers Wary

Aug 5th, 2014

Each $1,000 increase in the cost of a new median-priced home price forces 206,000 prospective buyers out of the marketplace, according to a new study by the National Association of Home Builders (NAHB). The number of households affected varies across states and metro areas and largely depends on their population, income distribution and new home […]

Mid-Year Housing Report: Regional Differences Still Exist and Employment Plays Key Role

Aug 5th, 2014

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How is the housing recovery faring? Well it depends on where you live as major discrepancies still exist in different markets. Slow income growth is also prohibiting home purchases, while “part of the slow recovery has to do with slow recovery in employment,” says David Crowe, chief economist for the National Association of Homebuilders (NAHB). […]

NAHB Members Celebrate National Building Systems Week

Jul 31st, 2014

Members of the Building Systems Councils (BSC) of the National Association of Home Builders (NAHB) will celebrate National Building Systems Week August 3-9 by offering model home tours, demonstrations and more. This week-long national event aims to educate consumers on the differences between system-built homes versus traditional stick built and provide them with the information […]

Remodeling Indicators Show Increase in Second Quarter

Jul 25th, 2014

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Most indicators in the 2014 Remodeling Business Pulse (RBP) survey pointed to growth in the remodeling industry this quarter. The survey, conducted by the National Association of the Remodeling Industry (NARI), offers a more positive report than it did last quarter, which showed a decline in business conditions during the first three months of 2014. […]

Remodeler Confidence Up in Second Quarter

Jul 25th, 2014

The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) rose in the second quarter of 2014 from 52 points to 56, regaining the momentum built in 2013. This is the fifth consecutive quarter for an RMI reading above 50. An RMI above 50 indicates that more remodelers report market activity is higher (compared […]

New-Home Sales Down 8.1 Percent in June

Jul 23rd, 2014

Sales of newly built, single-family homes fell 8.1 percent to a seasonally adjusted annual rate of 406,000 units in June, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Sales numbers for May were revised downward to 442,000. “The numbers are a little disappointing, but […]

South Goes South: Nationwide Housing Starts Down 9.3 Percent in June

Jul 18th, 2014

Nationwide housing production fell 9.3 percent to a seasonally adjusted annual rate of 893,000 units in June, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The drop was due primarily to a nearly 30 percent decline in the South. All other regions posted monthly […]