Posts Tagged ‘ NAHB ’

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 [...]

New Index Shows Housing Markets Back to Normal in 52 Metros

Oct 7th, 2013

Housing markets in 52 out of the approximately 350 metro areas nationwide have now returned to or exceeded their pre-recessionary levels of activity, according to the newly minted National Association of Home Builders (NAHB)/First American Leading Markets Index (LMI), released today. The index’s nationwide score of .85 indicates that, based on current permits, prices and [...]

Housing Forecast: The Good News Continues

Oct 4th, 2013

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When the National Association of Homebuilders (NAHB) held its annual Fall Construction Forecast Webinar this week, the economists had numerous good news indicators to share—a welcome change from recent years. David Crowe, NAHB chief economist, reported that “multifamily has been the star of the show. We are seeing this move up nicely but its growth [...]

Moody’s Economist Weighs in on Government Shutdown

Oct 2nd, 2013

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As day two of the government shutdown continues, everyone is still wondering what effect this will have on the economy. Mark Zandi, chief economist, Moody’s, addressed this question today while appearing as part of the National Association of Homebuilders (NAHB) Fall Construction Forecast Webinar. “If policyholders can get it together in the next few days [...]

New-Home Sales Rise 7.9 Percent in August

Sep 26th, 2013

Sales of newly built, single-family homes rose 7.9 percent to a seasonally adjusted annual rate of 421,000 units in August, according to newly released figures from HUD and U.S. Census Bureau. The gain partly offsets a dip in sales activity that occurred in July as consumers reacted to higher interest rates. “Sales of new homes [...]

Single-Family Production Pushes Housing Starts Up in August

Sep 19th, 2013

Led by a solid increase in single-family starts, nationwide housing production rose 0.9 percent to a seasonally adjusted annual rate of 891,000 units in August, according to figures released by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Meanwhile, construction of multifamily buildings slowed following a rebound in the previous [...]

A Pause in Builder Confidence

Sep 17th, 2013

Following four consecutive months of improvement, builder confidence in the market for newly built, single-family homes held unchanged in September with a reading of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). “Following a solid run up in builder confidence over the past year, we are seeing a pause in [...]

Record High 291 Housing Markets Listed as Improving in September

Sep 9th, 2013

A total of 291 metropolitan areas across the country now qualify as improving housing markets, according to the National Association of Home Builders/First American Improving Markets Index (IMI) for September. This reflects a gain of 44 markets from August and marks the index’s highest level since it was initiated two years ago. The IMI identifies [...]

Shortage of Lots Slows Housing Recovery

Sep 5th, 2013

A shortage of buildable lots, especially in the most desirable locations, has emerged as one of the key factors holding back a more robust housing recovery, according to the latest survey on the topic conducted by the National Association of Home Builders (NAHB). “In our August 2013 survey, 59 percent of builders reported that the [...]