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Cautious Optimism Greets Latest MBA, NAHB Data
Two new data reports issued today appeared to offer evidence of a new vibrancy in the housing market. And even the organizations issuing these reports cautioned that despite the mostly positive numbers...
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Decline in Multifamily Forces August Housing Starts to Drop Nearly 15 Percent
Led by a steep 31.7 percent decline in multifamily production, nationwide housing starts fell 14.4 percent to a seasonally adjusted annual rate of 956,000 units in August, according to newly released...
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New-Home Sales in August Hit Highest Mark in Six Years
Sales of newly built, single-family homes increased 18 percent in August to a seasonally adjusted annual rate of 504,000 units in August, the highest level in six years, according to newly released...
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Tight Underwriting Still Gripping U.S. Home Sale Market
Tight mortgage lending standards continue to affect sales for single-family builders across the nation, according to a survey released by the National Association of Home Builders (NAHB).Click to continue
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Builder Confidence Tails Off in October
After four consecutive monthly gains, builder confidence in the market for newly built single-family homes fell five points to a level of 54 on the National Association of Home Builders/Wells Fargo...
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U.S. Housing Production Rises 6.3 Percent in September
For the third time this year, nationwide housing starts surpassed the million-mark, according to newly released figures from the U.S. Department of Housing & Urban Development (HUD) and the U.S....
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Remodeling Market Index Returns to All-Time High
The National Association of Home Builders' (NAHB) Remodeling Market Index (RMI) reclaimed the high-water mark of 57 in the third quarter of 2014. This is the sixth consecutive quarter for an RMI...
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New-Home Sales Rise Slightly in September Over August
Sales of newly built, single-family homes inched up 0.2 percent in September to a seasonally adjusted annual rate of 467,000 units, the highest level in six years, according to newly released data by...
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NAHB Forecasting 6.6 Percent Jump in Housing Starts in 2014
A growing economy, rising household formations, low mortgage rates and pent-up demand will help single-family housing production to rev up in 2015 while a growth in renters will keep the multifamily...
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Housing Markets Nationwide Crawling Toward Recovery
Markets in 59 of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the third quarter of 2014, according to the National...
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Builder Confidence in the 55-Plus Market Shows Q3 Strength
Builder confidence in the single-family 55+ housing market for the third quarter is up year over year, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI)...
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Housing Affordability Tails Off in Q3
Firming home prices in markets across the country contributed to a slight dip in nationwide housing affordability in the third quarter of 2014, according to the National Association of Home Builders...
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Single-Family Starts Rise 4.2 Percent in October
Single-family housing production in October reached its highest level since November 2013, while the more volatile multifamily sector brought combined nationwide starts activity down 2.8 percent to a...
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Multifamily Developers Remain Positive on Future of the Market
The Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB), reached 54 in the third quarter, four points below the previous quarter's reading. This is the 11th...
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Builder Confidence Optimistic in November
Builder confidence in the market for newly built single-family homes rose four points to a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). "Growing...
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