Posts Tagged ‘ NAHB ’

Millennials Want Smaller Homes, Energy-Efficient Windows

Jan 26th, 2015

When it comes to home buying, Millennials won’t skimp on anything—except size. Such were the sentiments of panelists during an International Builders’ Show press conference on home trends and Millennials’ home preferences held last week. As Millennials enter the home-buying market in larger numbers, residences will get a little smaller, laundry rooms will be essential […]

Housing Construction Industry Ends Year Positively

Jan 23rd, 2015

Single-family housing production made solid gains at the end of last year. The number of nationwide housing starts rose 4.4 percent to a seasonally adjusted annual rate of 1.089 million units in December, according to newly released data from the U.S. Commerce Department. For the year, overall housing starts topped 1 million units. “With overall […]

NAHB: Multifamily Housing Will Remain Strong in 2015 as Demand from Renters Continues

Jan 23rd, 2015

  The multifamily housing market will continue to do what it’s been doing: multiplying. The number of multifamily apartments forecast to be built is likely to reach a sustainable level that is higher than the levels of production in the past. As the industry reaches that new plateau, the pace of construction is likely to […]

Residential Remodeling Market to Experience Modest Growth in 2015

Jan 22nd, 2015

Residential remodeling is on the up-and-up—if only a little bit. The sector is set for modest growth in 2015, according to experts at a press conference hosted by the National Association of Home Builders (NAHB) Remodelers at the International Builders’ Show (IBS). Remodelers appearing on the panel agreed with the forecast, citing home owners’ changing […]

Builder Confidence Down Slightly in January

Jan 20th, 2015

Though still high, builder confidence in the market for newly-built, single-family homes declined one point to 57, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. This marks the third straight month that the index has hovered in the upper 50s range. “January’s HMI reading is in […]

NAHB: Remodelers Optimistic About Market

Jan 16th, 2015

Things are looking up for remodelers. The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a record-high result of 60 in the final quarter of 2014. A reading of 60 indicates remodelers’ confidence in the quarter-over-quarter improvement in the remodeling market. An RMI above 50 indicates that more remodelers report market activity […]

New Home Sales in West Rise Rapidly; Overall Sales Drop Slightly

Dec 29th, 2014

Sales of newly built, single-family homes fell 1.6 percent in November to a seasonally adjusted annual rate of 438,000 units, according to new data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. “Sales have held in a relatively stable range during the past four months,” says NAHB Chief Economist […]

NAHB: Upward Housing Trend to Continue in 2015

Dec 16th, 2014

Crowe drew attention to the fact that though month-to-month the construction numbers bounce around, quarterly there is an upward trend.

The economic and housing outlook for 2015 is a positive one, continuing trends seen in 2014. That’s according to a webinar hosted by the National Association of Homebuilders (NAHB) in which chief economist David Crowe explained the rationale behind builders’ positive outlook. The NAHB/Wells Fargo Housing Market Index (HMI) had builder confidence for newly built […]

Congress Approves National Green Building Standard for Residential Military Construction

Dec 15th, 2014

The National Association of Home Builders (NAHB) released a statement applauding Congress for authorizing the ICC 700 National Green Building Standard (NGBS) for all military residential construction, which represents 16 percent of the federal real estate portfolio. Passed by the Senate, and last week by the House, the National Defense Authorization Act (NDAA) “will provide […]

Developers Feel Multifamily Market’s Not as Strong, but Remain Positive

Nov 21st, 2014

While the sector has been on fire for much of 2014, recent data released by the by the National Association of Home Builders (NAHB) indicated that multifamily housing production is slowing down. The association’s Multifamily Production Index (MPI) reached 54 in the third quarter which is four points below the previous quarter’s reading. It isn’t […]