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...
View ArticleHome 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)....
View ArticleNumber 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)....
View ArticleHousing 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 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 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...
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 ArticleNAHB Appeals Before Congress for Bipartisan Support of Small Businesses
The National Association of Home Builders (NAHB) urged Congress to support bipartisan legislation introduced by Reps. Spencer Bachus (R-Ala.), John Barrow (D-Ga.), Tom Graves (R-Ga.), and Jim Matheson...
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 ArticleMBA Launches New Survey to Track Mortgage App Trends
The Mortgage Bankers Association (MBA) has released its new Builder Application Survey (BAS) that captures mortgage loan application activity on new single-family properties for lenders affiliated with...
View ArticleGOP Outlines PATH to Eliminating GSEs
First, President Obama’s selection of Mel Watt to head up the Federal Housing Finance Authority (FHFA) comes out in support of dissolving Fannie Mae and Freddie Mac, the government-sponsored...
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 ArticleNAHB Testifies on Nationwide Housing Finance System Reform
The National Association of Home Builders (NAHB) told Congress that it will work with lawmakers to make changes to the Protecting American Taxpayers and Homeowners (PATH) Act legislative proposal to...
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