Economic Indicators Industry Forecasts Industry Statistics

Single-Family Starts Increase in November

"Market conditions for single-family starts are positive, given a lack of resale inventory, low interest rates and a solid job market," said Greg Ugalde, chairman of the National Association of Home Builders (NAHB). "Builder confidence points to additional gains as we look forward." Read More

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Builder confidence ends year strong

"Builders are continuing to see the housing rebound that began in the spring, supported by a low supply of existing homes, low mortgage rates and a strong labor market," said NAHB chairman Greg Ugalde, a home builder and developer from Torrington, Conn.   Read More

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Myths & Realities: Preparing for a downturn

For the first time in almost a decade, the Leading Indicator for Remodeling Activity (LIRA) produced by the Joint Center for Housing Studies is signaling that we’re not likely to see growth in home improvement spending over the coming year. It’s been a good run for the industry: total national spending on home improvements increased by $180 billion over this past decade, with annual growth averaging almost 6 percent. Read More

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Most Home Building in Millennial Areas, But Pace Lags Rest of Nation

"The out-sized concentration of multifamily construction in areas with a large proportion of millennials is not a surprise, but it is also a reminder of the mismatch between housing wants and housing availability that is challenging the for-sale market," Read More

Economic Indicators Industry Forecasts Industry Statistics

New Home Sales Post Strong Pace in October

"Forty-five percent of homes sold in October were priced below $300,000, which is an indication that more millennial buyers are taking advantage of low mortgage rates and entering into the marketplace," Read More

Economic Indicators Industry Forecasts Industry Statistics

New home sales post strong pace in October

"Forty-five percent of homes sold in October were priced below $300,000, which is an indication that more millennial buyers are taking advantage of low mortgage rates and entering into the marketplace," Read More

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55+ Housing Market Ticks Back Up to Record High

Builder confidence in the single-family 55+ housing market rose one point in the third quarter of 2019, returning to its record-high reading of 72, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI). This is the highest reading since the inception of the index in 2008. Read More

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Remodeling Market Expected to Stall in 2020

Annual gains in homeowner spending for improvements and repairs are set to give out by the second half of next year, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. Read More

Economic Indicators Industry Forecasts Industry Statistics

Single-Family Construction Continues to Make Steady Gains in October

"Home builders are seeing more building opportunities as market conditions remain solid," said Greg Ugalde, chairman of the National Association of Home Builders (NAHB). "Builder sentiment remains strong, and we are seeing an uptick in buyer traffic." Read More

Economic Indicators Industry Forecasts Industry Statistics

Builder and developer confidence weakens in Q3

Confidence in the market for new multifamily housing weakened slightly in the third quarter, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). Read More