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Number of Improving Markets Dips to 258 Metros in May
The number of U.S. housing markets showing sustained improvement in three key measures fell slightly to 258 in May from 273 in April, according to the NAHB/First American Improving Markets Index (IMI)....
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Builder Confidence in the 55-Plus Market Shows Growth in Q1
In the first quarter of 2013, the National Association of Home Builders' (NAHB) 55+ single-family Housing Market Index (HMI) increased 19 points on a year over year basis to 46, which is the highest...
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Housing Affordability Nearing Record Highs in Q1
Nationwide housing affordability held near historic highs in this year's first quarter, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). In all, 73.7...
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Homebuyers Rushing to Take Advantage of Record-Low Rates
Builder confidence in the market for newly built, single-family homes improved three points to a 44 reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for May....
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Housing Starts Stumble as Obstacles Slow New Projects
A correction from an unsustainably high level of production on the volatile multifamily side was largely responsible for a 16.5 percent dip in nationwide housing starts to a seasonally adjusted annual...
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NAHB Multifamily Production Index Indicates Slight Decrease in Production
The Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB), inched down two points to an index level of 52. It is the fifth straight quarter with a reading...
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More Than 70 Percent of Metro Markets Showing Signs of Improvement
The number of U.S. housing markets on the mend rose by five to a total of 263 in June, according to the National Association of Home Builders/First American Improving Markets Index (IMI). The list...
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Housing Starts Projected to Surpass Six Year-High
Builder confidence in the market for newly-built single-family homes hit a significant milestone in June, surging eight points to a reading of 52 according to the latest National Association of Home...
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Nationwide Housing Starts Rise 6.8 Percent in May
Nationwide housing starts rose 6.8 percent to a seasonally adjusted annual rate of 914,000 units in May due primarily to increased production on the multifamily side, according to newly released data...
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The Road to 2015: Recovery, Consolidation and Mortgage Production Forecasts
By now, the election is old news, the Consumer Financial Protection Bureau (CFPB) is here to stay, and while Bill Clinton said in his inaugural speech in 1996, that “the era of big government is over,”...
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Number of Improving Housing Markets Tails Off in July
A total of 255 metropolitan areas across 49 states and the District of Columbia qualified to be listed on the National Association of Home Builders/First American Improving Markets Index (IMI) for...
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Builder Confidence Hits Highest Point Since January '06
Builder confidence in the market for newly built, single-family homes rose six points to 57 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for July. This is the...
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Housing Starts Down 9.9 Percent in June
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau announced the following new residential construction statistics for June 2013. Privately-owned housing units...
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Home Sales Jump 8.3 Percent in June, Fastest Pace in Five Years
Sales of newly built, single-family homes surged 8.3 percent to a seasonally adjusted, annual rate of 497,000 units in June, their fastest pace in the last five years, according to data released by the...
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Rise in Home Sales Boosts Q2 Remodeling Market Index
Confidence in the remodeling market rebounded in the second quarter of 2013 with the Remodeling Market Index (RMI) rising six points to 55, according to the National Association of Home Builders...
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244 Metro Markets Show Improvement in July
A total of 247 metropolitan areas across 49 states and the District of Columbia qualified for inclusion on the National Association of Home Builders/First American Improving Markets Index (IMI) for...
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Builder Confidence in 55-Plus Housing Market Shows Continued Growth
Builder confidence in the 55+ housing market for single-family homes showed strong continued improvement in the second quarter of 2013 compared to the same period a year ago, according to the National...
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Affordability Suffers as Home Prices Begin Slight Q2 Surge
Nationwide housing affordability slipped several notches as recovering markets witnessed significant firming of home prices in the second quarter, according to the National Association of Home...
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Builder Confidence on the Rise in August
Builder confidence in the market for newly built, single-family homes rose three points to 59 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for August, released...
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Housing Starts Up Nearly Six Percent in July
Nationwide housing starts rose 5.9 percent to a seasonally adjusted annual rate of 896,000 units in July as multifamily construction rebounded from a dip in the previous month, according to newly...
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