Articles

Privately‐owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 1,328,000. This is 5.0 percent above the revised October rate of 1,265,000 and is 0.4 percent above the November 2017 rate of 1,323,000. Read More

Existing-home sales increased in Nov., according to the National Association of Realtors, marking two consecutive months of increases. Three of four major U.S. regions saw gains in sales activity last month. Read More

Tile is a sector in which aesthetic is as important as function. Hard surface sales continue to climb. During the third quarter of 2018, hard surface flooring may have accounted for 56.6 percent of total dollar sales — a 7.5 percent increase from 2017, according to Catalina. Read More

Builder confidence in the market for newly-built single-family homes fell four points to 56 in Dec. on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) as concerns over housing affordability persist. Although this is the lowest HMI reading since May 2015, builder sentiment remains in positive territory. Read More

Rising housing affordability issues continue to hinder single-family production even as total housing starts increased in Nov. Read More

Sales of newly built, single-family homes fell to a seasonally adjusted annual rate of 544,000 units in October after an upwardly revised September report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the lowest sales pace since December 2016. However, on a year-to-date basis, sales are up 2.8 percent from this time in 2017. Read More

Ceramic tiles have quickly become one of the most popular types of materials used in building and construction activities.Ceramic tiles are made of sand, natural products, or clays. Read More

Confidence in the multifamily housing market weakened 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

Rising housing affordability concerns continue to weigh on single-family production even as total housing starts edged higher in October. Read More

Growing affordability concerns resulted in builder confidence in the market for newly-built single-family homes falling eight points to 60 in November on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Despite the sharp drop, builder sentiment still remains in positive territory. Read More