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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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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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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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Recent Rate Spike Spurs Temporary Pause in Homebuying Activity
Sales of newly built, single-family homes declined 13.4 percent to a seasonally adjusted annual rate of 394,000 units in July as higher mortgage rates prompted a temporary pause in buying activity,...
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Apartment and Condo Construction Gains in Q2
Production of apartments and condominiums gained momentum in the second quarter of 2013, according to the latest Multifamily Production Index (MPI), released by the National Association of Home...
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Lack of Buildable Lots Said to Hinder Robust Housing Recovery, According to NAHB
A shortage of buildable lots, especially in the most desirable locations, has emerged as one of the key factors holding back a more robust housing recovery, according to the latest survey on the topic...
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Nearly 300 Metro Housing Markets Show Gains in September
A total of 291 metropolitan areas across the country now qualify as improving housing markets, according to the National Association of Home Builders/First American Improving Markets Index (IMI) for...
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Builder Confidence Holds Steady in September
Following four consecutive months of improvement, builder confidence in the market for newly built, single-family homes held unchanged in September with a reading of 58 on the National Association of...
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Sens. Tester, Corker and Isakson Reinforce Role of Housing in American Economy
Sens. Jon Tester (D-MT), Bob Corker (R-TN) and Johnny Isakson (R-GA) stressed that ongoing efforts to reform the U.S. tax code and overhaul the housing finance system should take into account the...
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Sales of Newly-Constructed Homes Rise Nearly Eight Percent in August
Sales of newly built, single-family homes rose 7.9 percent to a seasonally adjusted annual rate of 421,000 units in August, according to newly released figures from HUD and U.S. Census Bureau. The gain...
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NAHB to Track Trends With New Index
Starting on Oct. 7, the National Association of Home Builders (NAHB) will launch a new economic index called the NAHB/First American Leading Markets Index (LMI). This new index will replace the...
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Housing Recovery to Gain Momentum in 2014
With home prices and household formations rising and household balance sheets healing, the ongoing housing recovery is expected to gain momentum next year even as several challenges remain, according...
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Housing Market Nationwide Running 85 Percent Normal
Housing markets in 52 out of the approximately 350 metro areas nationwide have now returned to or exceeded their pre-recessionary levels of activity, according to the newly minted National Association...
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Builder Confidence Dips Slightly in October
Builder confidence in the market for newly built, single-family homes fell two points in October from a downwardly revised reading in the previous month to a level of 55 on the National Association of...
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Q3 Remodeling Rate Hits Highest Mark Since Q1 of 2004
The Remodeling Market Index (RMI) continued to climb at a modest pace in the third quarter of 2013 rising two points to 57, the highest reading since the first quarter of 2004, according to the...
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Genworth Highlights "Green" and Sustainable Building Methods
Lenders increasingly will need to understand how to value homes that are built or renovated using “green” or sustainable building methods, according to the latest video released by Genworth Mortgage...
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Builder Confidence in the 55+ Market Shows Continued Improvement
Builder confidence in the 55+ housing market showed continued improvement in the third quarter of 2013 compared to the same period a year ago, according to the National Association of Home Builders'...
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NAHB Speaks to Congress Regarding Housing Reform
The National Association of Home Builders (NAHB) told Congress that an effective housing finance reform plan must include a federal backstop to ensure that 30-year, fixed-rate mortgages and reliable...
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