Posts Tagged ‘ Housing Market ’

Housing Will Continue Gradual Climb in 2017

Jan 11th, 2017

Fueled by a growing economy, solid employment gains and rising household formations, single-family production will continue on a gradual, upward trajectory in 2017, according to economists speaking at the National Association of Home Builders (NAHB) International Builders’ Show in Orlando, Fla. “While positive developments on the demand side will support solid growth in the single-family […]

Single-Family Housing Starts Hit an Eight-Year High

Mar 17th, 2016

Driven by growth in the Northeast, nationwide housing starts rose 5.2 percent to a seasonally adjusted annual rate of 1.178 million units in February, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Single-family production increased 7.2 percent to 822,000 units, which is the highest level […]

Home Builders Remain Confident in March

Mar 15th, 2016

Builder confidence in the market for newly-built, single-family homes was unchanged in March, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Their confidence was ranked at a level of 58. “While builder sentiment has been relatively flat for the last few months, the March HMI reading correlates with NAHB’s […]

Builders’ Confidence is at a 10-year High

Sep 17th, 2015

Builder confidence in the market for newly constructed single-family homes continued its steady rise in September with a one point increase to a level of 62, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). It is the highest reading since October 2005. “The HMI shows that single-family housing is […]

Builders’ Confidence is at its Highest Level Since November 2005

Jul 16th, 2015

Builder confidence in the market for newly built, single-family homes in July hit a level of 60 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) while the June reading was revised upward one point to 60 as well. The last time the HMI reached this level was in November 2005. […]

Builder Confidence Reaches Highest Point June

Jun 15th, 2015

With temperatures up, so is builder confidence. Confidence in the market for newly built, single-family homes in June rose five points to a level of 59 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This is the highest reading since September 2014. “Builders are reporting more serious and committed buyers […]

Houzz Has New Data on Millennials’ Home Buying and Renovation Habits

Jun 11th, 2015

According to a new Houzz & Home survey, Millennials aren’t that much different from other age groups in what they do with their houses. The survey, which received more than 15,000 U.S. Millennial homeowner responses (ages 25-34), revealed that a key motivation for renovation projects among the generation is to make their newly purchased home […]

NAHB: Housing Recovery Could Soar in 2016

May 1st, 2015

The housing market is on the rise—and will keep on rising, according to economists participating in the recent National Association of Home Builders (NAHB) 2015 Spring Construction Forecast Webinar. Solid employment gains, attractive mortgage rates, a growing economy and pent-up demand will keep the market moving up into 2016. “This should be a good year […]

Developers’ Multifamily Market Outlook Holds Steady in the Fourth Quarter

Feb 27th, 2015

Not much has changed in the multifamily market from the third quarter of 2014 to the fourth. That’s according to the Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB), which held steady with a reading of 54 for the fourth quarter of 2014. This capped the third straight year of […]

Housing Affordability Edges Up in the Fourth Quarter

Feb 19th, 2015

Slightly lower interest rates and home prices in markets across the country are the cause of a slight increase in nationwide housing affordability in the fourth quarter of 2014, according to the recently-released National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). In all, 62.8 percent of new and existing homes sold between […]

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