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NAHB: Multifamily Industry to Lead Market in 2013
The multifamily sector has led the way in the recovery of the overall housing market and will continue to do so over the next several years, said panelists during a press conference at the National...
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All 50 U.S. States Now Represented on List of Improving Markets
The number of improving housing markets continued to expand for a sixth consecutive month to a total of 259 metropolitan areas on the National Association of Home Builders/First American Improving...
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55-Plus Housing Market Hits Fifth Consecutive Quarter of Improvement
Builder confidence in the 55+ housing market for single-family homes showed continued improvement in the fourth quarter of 2012 compared to the same period a year ago, according to the National...
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Builder Confidence Remains Steady in February
Builder confidence in the market for newly built, single-family homes was virtually unchanged in February with a one-point decline to 46 on the National Association of Home Builders/Wells Fargo Housing...
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Winter Freeze: Housing Starts Dip 8.5 Percent in January
Due to a double-digit dip on the typically volatile multifamily side, nationwide housing starts declined 8.5 percent to a seasonally adjusted annual rate of 890,000 units in January, according to newly...
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Housing Affordability Gains Slightly in Q4
Near-record low interest rates helped ensure a slight gain in nationwide housing affordability amid relatively stable house prices in the final quarter of 2012, according to the National Association of...
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New Home Sales Spike With 15.6 Percent Rise in January
Sales of newly built, single-family homes rose 15.6 percent to a seasonally adjusted annual rate of 437,000 units in January, according to newly released figures from the U.S. Department of Housing...
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A Myriad of Issues Result in Flawed Appraisals
The budding housing revival driven by pent-up consumer demand still faces a number of obstacles, including tight credit for builders along with a stretched lot and building supply system in many...
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Ease in Commute Weighs Heavily in First-Time Homebuyers Decisions
Price and proximity to work are key concerns for first-time homebuyers, while trade-up buyers tend to be most focused on the design of the home and the neighborhood, according to "Characteristics of...
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NAHB: Multifamily Production Rises for Fourth Consecutive Quarter
The Multifamily Production Index (MPI), recently released by the National Association of Home Builders (NAHB), increased two points to a level of 54. It is the fourth straight quarter with a reading...
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Builder Confidence Begins to Slip in March
Builder confidence in the market for newly built, single-family homes paused for a third consecutive month in March, with a two-point reduction to 44 on the latest National Association of Home...
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Single and Multifamily Housing Sectors Both Gain in February
Nationwide housing production edged up 0.8 percent to a seasonally adjusted annual rate of 917,000 units in February, according to newly released figures from HUD and the U.S. Census Bureau. This...
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The List of Improving Housing Markets Continues to Expand
The list of improving U.S. housing markets expanded for a seventh consecutive month in March to include 274 metros on the National Association of Home Builders/First American Improving Markets Index...
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Labor Shortages Impacting Housing Recovery
Growing labor shortages in all facets of the residential construction sector are impeding the housing and economic recovery, according to a new survey conducted by the National Association of Home...
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February a Down Month for U.S. Home Sales
Sales of newly built, single-family homes declined 4.6 percent to a seasonally adjusted annual rate of 411,000 units in February from a strong pace of 431,000 units in the previous month, according to...
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After Seven Consecutive Months of Gains, Housing Market Plateaus in April
Following seven consecutive months of gains, the list of improving U.S. housing markets remained virtually unchanged in April, with 273 metros on the National Association of Home Builders/First...
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Builders Pressured by Rising Costs in April
Facing increasing costs for building materials and rising concerns about the supply of developed lots and labor, builders registered less confidence in the market for newly built, single-family homes...
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Sales of Single-Family Homes Rise 1.5 Percent in March
Sales of newly built, single-family homes rose 1.5 percent to a seasonally adjusted annual rate of 417,000 units in March, according to newly released figures from HUD and the U.S. Census Bureau. The...
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Housing Starts Projected to Post Double-Digit Gains
Buoyed by rising home prices throughout much of the nation, both single-family and multifamily housing starts are expected to post double-digit gains over last year in 2013. However, headwinds continue...
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Home Remodeling Dips in Q1
Remodelers' confidence in the market dipped in the first quarter of 2013 when the Remodeling Market Index (RMI) fell six points to 49, according to the National Association of Home Builders (NAHB)....
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