Posts Tagged ‘ National Association of Home Builders ’

Housing Starts Rise in July

Aug 19th, 2014

Nationwide housing starts, fueled by strong single- and multifamily growth, rose 15.7 percent to a seasonally adjusted annual rate of 1.093 million units in July, the highest level since November 2013, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Single-family housing starts were up [...]

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 [...]

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 [...]

Single-Family Home Builders’ Confidence Up in July

Jul 17th, 2014

Builder confidence in the market for newly-built single-family homes reached an important milestone in July, rising four points to a reading of 53 on the monthly National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). “An improving job market goes hand-in-hand with a rise in builder confidence,” says NAHB chief economist David Crowe. [...]

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 [...]

Leading Markets Index Shows 59 Metros at or Above Normal Levels

Mar 7th, 2014

Markets in 59 out of the approximately 350 metro areas nationwide 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), released yesterday. This represents a net gain of one from the previous month. The index’s nationwide score [...]

New-Home Sales Post Solid November Numbers

Dec 30th, 2013

Sales of newly built, single-family homes declined 2.1 percent to a seasonally adjusted annual rate of 464,000 units in November from an upwardly revised strong pace of 474,000 units in the previous month, according to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Except for October 2013, this is the strongest sales pace since July of 2008, according to officials.

Builders Urge Congress to Pursue Pro-Housing Policies

Jun 6th, 2013

According to a recent release issued by the National Association of Home Builders (NAHB), members of NAHB told members of Congress that new-home production and remodeling contributes billions of dollars to the national economy each year, and having the correct policies in place can act as a mechanism to boost employment and economic growth. “How [...]

NAHB Forecasts Strong Growth For 2013

Apr 26th, 2013

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In a construction forecast webinar held Wednesday by the National Association of Home Builders (NAHB), chief economist David Crowe said housing numbers will continue to recover. As gross domestic product continues improve, the true force behind it is housing. “What is important about the growth this time around it is its finally being driven by housing [...]