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Housing production shows solid start to 2020

"The housing recovery continues, as single-family housing starts have surpassed 1 million for the second consecutive month and multifamily production has been running above 500,000 for the same period," said Dean Mon, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Shrewsbury, N.J. "Meanwhile, builder confidence remains solid as demand continues to pick up." Read More

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Kitchen & Bath Market Index reports growth

“A strong Q4 is great news for industry professionals and consumers going into 2020,” said Bill Darcy, NKBA CEO. “As we move into the new year, we’re encouraged that this dynamic industry continues to grow and business outlooks are positive.” Read More

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Builder confidence remains solid in February

"Steady job growth, rising wages and low interest rates are fueling demand but builders are still grappling with increasing construction and development costs," said NAHB chairman Dean Mon, a home builder and developer from Shrewsbury, N.J. Read More

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Homebuilding surge no surprise

Summing up these components, housing starts should total just over 15 million over the coming decade, or just over 1.5 million a year. That would put the 1.44 million that we saw in the fourth quarter just a bit below the typical expected levels. Read More

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Economic Forecast 20/20

California likes to brag about being the fifth largest “nation” in the world, which is true economically. Our Gross Domestic Product keeps moving upward. This past year, our GDP totaled $3.0 trillion. Since 2012, the state’s GDP has been moving upward at a pace of 4.0-4.5% annually. Read More

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2019 new home sales up 10 percent vs 2018

"High levels of home builder confidence, coupled with an insufficient existing housing supply to meet current demand, suggest growth ahead for new home sales this year," said NAHB Chairman Dean Mon, a home builder and developer from Shrewsbury, N.J. Read More

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55+ builder confidence drops slightly

"Overall, builder and developer sentiment in the 55+ housing market remains positive," said Harry Miller III, chairman of NAHB's 55+ Housing Industry Council and president of Regal Builders LLC in Dover, Del. "However, development costs and lack of labor are contributing to affordability concerns and preventing even more robust growth in the market." Read More

Ceramic Tile Statistics Economic Indicators Industry Forecasts Industry Statistics

The US ceramic tile market and the new duties on Chinese imports

With the adoption of countervailing and antidumping duties on Chinese tile imports in the US, the race is on for both US tile manufacturers and all the other supplying countries to win a slice of the 64.3 million sq.m of Chinese products. Read More

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Demand for apartments to fuel multifamily sector

Apartment production has returned to pre-recession levels and vacancies are low, but more new apartment homes are needed, according to experts participating in a press conference today during the National Association of Home Builders (NAHB) International Builders' Show in Las Vegas. Read More

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2020 Green Single Family & Multifamily Homes Trends

This most recent iteration of the decade-long collaboration between Dodge and NAHB to analyze the green home building market contained questions on emerging hot topics, including the use of renewable energy systems, smart home technology for energy management and resilient building. These results provide a snapshot of the current market trends and will be used as a benchmark moving forward in future studies. Read More