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...
View ArticleHomebuyers 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....
View ArticleHousing 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...
View ArticleNAHB Calls on Congress for Income Verification System
As Congress debates comprehensive immigration reform, the National Association of Home Builders (NAHB) called on lawmakers to establish a fair and workable verification system for all businesses....
View ArticleNAHB Praises the Introduction of the Bipartisan Home Building Lending...
The National Association of Home Builders (NAHB) has praised Sens. Robert Menendez (D-NJ) and Johnny Isakson (R-GA) for introducing bipartisan legislation to encourage residential construction lending,...
View ArticleSingle-Family Homes Rise 2.3 Percent in April
Sales of newly built, single-family homes rose 2.3 percent to a seasonally adjusted annual rate of 454,000 units in April, according to newly released figures from HUD and the U.S. Census Bureau. The...
View ArticleNAHB to Congress: New-Home Production and Remodeling Jolt the Economy
New-home production and remodeling contribute billions of dollars to the nation's economy each year and with the right policies in place housing can serve as a catalyst to boost job and economic...
View ArticleNAHB Hosts 700-Plus for D.C. Lobby Day
More than 750 builders from across the nation converged on Capitol Hill for the annual National Association of Home Builders (NAHB) Legislative Conference to urge their lawmakers to support policies...
View ArticleMore 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...
View ArticleHousing 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...
View ArticleNationwide 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...
View ArticleSingle-Family Home Sales Rise for Third Consecutive Month
Sales of newly built, single-family homes rose for a third consecutive month in May, posting a 2.1 percent gain to a seasonally adjusted annual rate of 476,000 units, according to data released by HUD...
View ArticleNumber 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...
View ArticleBuilder 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...
View ArticleHousing 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...
View ArticleHome 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...
View Article244 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...
View ArticleAffordability 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...
View ArticleBuilder 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...
View ArticleHousing 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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