Posts Tagged ‘ NAHB ’

Housing Affordability Edges Higher in First Quarter

May 13th, 2014

Slightly lower median home prices along with steady mortgage rates contributed to higher housing affordability in the first quarter, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI), released Tuesday. In all, 65.5 percent of new and existing homes sold between the beginning of January and end of March were [...]

Builder Confidence Rises for 55+ Market

May 9th, 2014

Builder confidence in the single-family 55+ housing market for the first quarter of 2014 is up year-over-year, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) released this week. Compared to the first quarter of 2013, the single-family index increased 4 points to a level of 50, which is [...]

NAHB Testifies Before Congress Regarding Housing Market Health

May 8th, 2014

The health of housing is key for the overall state of the U.S. economy and housing stands poised to serve as an engine of job growth with the right policies in place, the National Association of Home Builders (NAHB) told Congress yesterday. Testifying before the Senate Banking Committee’s Subcommittee on Economic Policy during a hearing [...]

New-Home Sales Down in March

Apr 24th, 2014

Sales of newly built, single-family homes fell 14.5 percent to a seasonally adjusted annual rate of 384,000 units in March, according to data released by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. “Overly stringent underwriting standards for mortgages have had a detrimental effect on modest-priced markets and have hit [...]

Housing Industry “Gets Back to Normal”

Apr 23rd, 2014

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In the years following the bust, economic forecasters often used the term, the “long road back to normal” or the “new normal.” In today’s National Association of Homebuilders (NAHB) Spring Construction Forecast Robert Denk, NAHB assistant vice president for forecasting and analysis, discussed “getting back to normal” and painted a picture of this road past, [...]

Housing Starts Rise 2.8 Percent in March

Apr 17th, 2014

Led by a 6-percent rise in single-family starts, nationwide housing production rose 2.8 percent above an upwardly revised February rate of 920,000 to a seasonally adjusted annual rate of 946,000 units in March, according to newly released figures from HUD and the U.S. Census Bureau. “[This] report is in line with our forecast of a [...]

Builder Confidence Holds Steady in April

Apr 15th, 2014

Builder confidence in the market for newly built, single-family homes rose one point to 47 in April from a downwardly revised March reading of 46 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). “Job growth is proceeding at a solid pace, mortgage interest rates remain historically low and home prices are [...]

WDMA and NLBMDA Lobby Congress about Lead and Energy Rules

Apr 1st, 2014

Jerry Howard, CEO of the National Association of Home Builders said housing is on its way to recovery.

Visits to Capitol Hill for legislation lobbying began today at the 2014 Spring Meeting and Legislative Conference, hosted by the Window and Door Manufacturers Association (WDMA) and the National Lumber and Building Material Dealers Association (NLBMDA) Held in Arlington, Va, at the Hyatt Regency Crystal City, attendees were briefed on lobbying basics before listening to [...]

ASHRAE Joins NAHB and ICC to Develop New National Green Building Standard

Mar 27th, 2014

The National Association of Home Builders (NAHB), building science society ASHRAE and the International Code Council (ICC), developers of the ICC Family of Codes for the built environment, today agreed to jointly develop the 2015 edition of the ICC/ASHRAE 700 National Green Building Standard. This is the third edition of the standard and the first [...]

Housing Starts Hold Steady in February

Mar 18th, 2014

Nationwide housing starts were virtually unchanged in February, inching down 0.2 percent to a seasonally adjusted annual rate of 907,000 units, according to newly released data from the U.S. Department of Housing and Urban Development and U.S. Census Bureau. “While housing construction is in a recent lull due to unusual weather conditions, we expect to [...]