Posts Tagged ‘ National Association of Home Builders ’

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 [...]

Survey Shows Home Buyer Age Impacts Home Size Preference

Mar 25th, 2013

A recent study from the National Association of Home Builders (NAHB) shows variations in home buyer preferences with regards to home size when it comes to age, race and ethnicity. NAHB’s “What Home Buyers Really Want,” surveyed more than 3,600 home buyers across the country on various characteristics of new homes. Based on the results, [...]

NAHB Projects Improvement in Remodeling Market for 2013

Jan 25th, 2013

Experts at the International Builders’ Show in Las Vegas say residential remodeling will slowly and steadily improve during 2013. The National Association of Home Builders (NAHB) projects that remodeling spending for single-family, owner-occupied homes will increase 2.4 percent in 2013 and see an additional growth of 1.4 percent in 2014. “We are more confident about [...]

Economists Say Housing Will See Upturn; Warn Headwinds May Impede Growth

Jan 24th, 2013

Economists speaking at the International Builders’ Show in Las Vegas say the housing market will begin to pick up speed in its recovery during 2013, but note that this growth may be met with some opposition. “Nearly every measure of housing market strength—sales, starts, prices, permits and builder confidence—has been trending upward in recent months [...]