Economics

New Home Sales Rise 2.9% in May

Filed in Economics, Home Building by on June 23, 2017 0 Comments
New Home Sales Rise 2.9% in May

Sales of newly built, single-family homes in May rose 2.9% to a seasonally adjusted annual rate of 610,000 units after an upwardly revised April reading, according to newly released data from HUD and the Census Bureau.

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NAHB Construction Forecast: Clear Skies, Chance of Headwinds

Filed in Economics, Education by on June 22, 2017 0 Comments
NAHB Construction Forecast: Clear Skies, Chance of Headwinds

Three experts offer their insights on the direction the housing industry will take through the end of the year — and a look at what to expect in 2018 and 2019 — in the exclusive NAHB Construction Forecast Webinar, now available for viewing on nahb.org.

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New Maps Pinpoint Low-Income Housing Development Opportunities

New Maps Pinpoint Low-Income Housing Development Opportunities

NAHB has a new resource for industry professionals interested in providing homes for lower-income families and learning more about development and financing opportunities using the Low Income Housing Tax Credit.

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Multifamily Decline Brings Overall Housing Starts Down 5.5% in May

Filed in Economics by on June 16, 2017 0 Comments
Multifamily Decline Brings Overall Housing Starts Down 5.5% in May

Led by a decline in multifamily production, nationwide housing starts fell 5.5% in May to a seasonally adjusted annual rate of 1.09 million units, according to newly released data from the HUD and the Commerce Department. Multifamily starts fell 9.7% to a seasonally adjusted annual rate of 289,000 units while single-family production edged down 3.9% to 794,000.

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Builder Confidence: Still Solid

Filed in Economics, Home Building by on June 15, 2017 0 Comments
Builder Confidence: Still Solid

Builder confidence in the market for newly built single-family homes weakened slightly in June, down two points to 67 from a downwardly revised May reading of 69 on the NAHB/Wells Fargo Housing Market Index.

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Finance Changes Shaping the Housing Market

Finance Changes Shaping the Housing Market

In his remarks in the latest issue of Eye on the Economy, NAHB Chief Economist Robert Dietz provided his insights on the state of the economy as it relates to the home building industry, highlighting changes in interest rates, loan availability and housing demand.

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Remodeling Expenditure Estimates Revealed for 2017

Filed in Economics, Remodelers by on May 31, 2017 1 Comment
Remodeling Expenditure Estimates Revealed for 2017

Home owners who remodel in 2017 will spend an average of $6,148 on each project, according to NAHB’s recent projections of spending by ZIP code for each of over 26,000 ZIP codes across the United States.

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New Home Sales Slip in April

Filed in Economics by on May 23, 2017 0 Comments
New Home Sales Slip in April

After a strong start to the year, sales of newly built, single-family homes dropped for the first time in 2017, falling 11.4%. Sales numbers for the first three months of the year were all upwardly revised, and the March sales pace was the highest since October 2007.

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Slow but Steady Growth for Housing

Filed in Economics by on May 19, 2017 0 Comments
Slow but Steady Growth for Housing

NAHB Chief Economist Robert Dietz provides a brief overview of the housing market in the latest issue of Eye on the Economy.

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Multifamily Drop Brings Production Down 2.6% in April

Filed in Economics, Home Building, Multifamily by on May 16, 2017 0 Comments

Led by a decline in multifamily production, nationwide housing starts fell 2.6% in April to a seasonally adjusted annual rate of 1.17 million units, according to newly released data from HUD and the Department of Commerce.

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