Home Sales Dip Over Eight Percent For Month of June
Sales of newly built, single-family homes fell 8.1 percent to a seasonally adjusted annual rate of 406,000 units in June, according to newly released data by the U.S. Department of Housing and Urban...
View ArticleRemodeling Market Index Up Three Points
The National Association of Home Builders' (NAHB) Remodeling Market Index (RMI) rose three points to 56 in the second quarter of 2014, regaining the momentum built in 2013. This is the fifth...
View ArticleCan Green Housing Oomph Up the Mortgage Market?
With mortgage application levels remaining at a somewhat stagnant position in recent weeks, it is not difficult to seek out what potential trends could help lift the application volume to a higher...
View ArticleNAHB: Thousand Dollar Rise in Price Impacts Potential Homebuyers
Each $1,000 increase in the cost of a new median-priced home price forces 206,000 prospective buyers out of the marketplace, according to a new study by the National Association of Home Builders...
View ArticleNew Housing Data: Time for Champagne or Rolaids?
In reviewing the latest housing data, it is hard to determine whether industry professionals should be reaching for a glass of well-chilled champagne or a cup of fast-working heartburn medicine.Click...
View ArticleBuilder Confidence Up in the 55 and Over Market
Builder confidence in the single-family 55+ housing market for the second quarter is up year over year, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI)...
View ArticleHousing Recovery Seen as Slow and Steady
Markets in 56 of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home...
View ArticleHousing Affordability Drops in Q2
Nationwide housing affordability dipped in the second quarter of 2014 as several markets saw a firming of home prices, according to the National Association of Home Builders/Wells Fargo Housing...
View ArticleBuilder Confidence in August Hits Highest Point Since January
Builder confidence in the market for newly built, single-family homes rose two points to 55 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for August.Click to continue
View ArticleHousing Starts Up Over 15 Percent in July
Fueled by strong single and multifamily growth, nationwide housing starts rose 15.7 percent to a seasonally adjusted annual rate of 1.093 million units in July, the highest level since November 2013,...
View ArticleHousing Takes Two Steps Forward, One Step Back
The latest data offers evidence of progress in the housing market … well, sort of.Click to continue
View ArticleNewly-Built Home Sales Dip Nearly 2.5 Percent in July
Sales of newly built, single-family homes fell 2.4 percent to a seasonally adjusted annual rate of 412,000 units in July, according to newly released data by the U.S. Department of Housing and Urban...
View ArticleReverse Mortgage Funding Announced As First Sponsor At NAHB Leadership Circle
Reverse Mortgage Funding (RMF) announced it is the first-ever corporate sponsor of the National Association of Home Builders’ (NAHB) 50+ Housing Council Leadership Circle, further strengthening its...
View ArticleMultifamily Production Index Gains Five Points
The Multifamily Production Index (MPI) recently released by the National Association of Home Builders (NAHB), posted a gain of five points to a reading of 58 for the second quarter. It is the 10th...
View ArticleBuilder Confidence Hits Nine-Year High in September
Builder confidence in the market for newly built, single-family homes rose for a fourth consecutive month in September to a level of 59 on the National Association of Home Builders/Wells Fargo Housing...
View ArticleCautious Optimism Greets Latest MBA, NAHB Data
Two new data reports issued today appeared to offer evidence of a new vibrancy in the housing market. And even the organizations issuing these reports cautioned that despite the mostly positive numbers...
View ArticleDecline in Multifamily Forces August Housing Starts to Drop Nearly 15 Percent
Led by a steep 31.7 percent decline in multifamily production, nationwide housing starts fell 14.4 percent to a seasonally adjusted annual rate of 956,000 units in August, according to newly released...
View ArticleNew-Home Sales in August Hit Highest Mark in Six Years
Sales of newly built, single-family homes increased 18 percent in August to a seasonally adjusted annual rate of 504,000 units in August, the highest level in six years, according to newly released...
View ArticleTight Underwriting Still Gripping U.S. Home Sale Market
Tight mortgage lending standards continue to affect sales for single-family builders across the nation, according to a survey released by the National Association of Home Builders (NAHB).Click to continue
View ArticleSubstantial Regional Differences Found in New Single-Family Home Characteristics
A recent study from the National Association of Home Builders (NAHB) revealed significant regional differences in new single-family home characteristics, ranging frClick to continue
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