Economics

Builder Confidence Hits Yearly High in September

Filed in Economics by on September 17, 2019 0 Comments
Builder Confidence Hits Yearly High in September

Builder confidence in the market for newly-built single-family homes rose one point to 68 in September from an upwardly revised August reading of 67, according to the latest NAHB/Wells Fargo Housing Market Index released today.

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Big Gap Between Home Prices and Buyers’ Expectations

Filed in Affordability, Economics, Homeownership, Housing Trends by on September 13, 2019 0 Comments
Big Gap Between Home Prices and Buyers’ Expectations

New data released by the U.S. Census Bureau and the Department of Housing and Urban Development, combined with recent NAHB survey data, show a mismatch between the actual prices of new homes and the prices buyers expect to pay.

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4 High-Performance Building Tips for Builders

Filed in Economics, Sustainability & Green Building by on September 5, 2019 0 Comments
4 High-Performance Building Tips for Builders

The Southeast Building Conference, hosted by the Florida Home Builders Association, is the largest building industry trade show in the southeast. Several education sessions focused on high-performance building, including these four important takeaways.

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NAHB Podcast: Everything’s Under Control – Rents, Housing Finance & the Economy

Filed in Codes and Regulations, Economics by on September 5, 2019 0 Comments
NAHB Podcast: Everything’s Under Control – Rents, Housing Finance & the Economy

After a summer hiatus, co-hosts NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin return to discuss all things economics on Housing Developments, the NAHB podcast.

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Huge Wealth Gap Between Home Owners and Renters

Filed in Economics, Homeownership, Housing Trends by on September 3, 2019 1 Comment
Huge Wealth Gap Between Home Owners and Renters

A recent report by the U.S. Census Bureau on household wealth reveals that the gap between home owners and renters is striking: The median net worth of home owners is 80 times larger than the median net worth of renters.

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Home Construction Slowing in Manufacturing Areas

Filed in Economics, Home Building, Housing Trends by on August 27, 2019 1 Comment
Home Construction Slowing in Manufacturing Areas

In a possible sign of economic softening in the industrial heartland, home construction in the nation’s major manufacturing areas registered declines on a year-over-year basis in the second quarter of 2019, according to the National Association of Home Builders Home Building Geography Index.

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The Case Against Exclusionary Zoning

Filed in Codes and Regulations, Economics, Land Development by on August 23, 2019 1 Comment
The Case Against Exclusionary Zoning

A new policy paper by Michael Stegman, a senior housing policy fellow at the Milken Institute Center for Financial Markets, makes the case against exclusionary zoning and land use controls.

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New Home Sales Solid in July, as June Numbers Strongly Revised Upwards

Filed in Economics by on August 23, 2019 0 Comments
New Home Sales Solid in July, as June Numbers Strongly Revised Upwards

Sales of newly built, single-family homes fell 12.8% to a seasonally adjusted annual rate of 635,000 units in July, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The same report reveals that home sales were sharply revised upward in June to a post-recession high of 728,000 units.

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Apartment and Condominium Market Bounces Back to Positive Territory in Second Quarter

Filed in Economics, Multifamily by on August 22, 2019 0 Comments
Apartment and Condominium Market Bounces Back to Positive Territory in Second Quarter

Confidence in the market for new multifamily housing improved in the second quarter of 2019, according to results from the Multifamily Market Survey released today by NAHB.

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Where Do Generations Want to Live?

Filed in Economics, Housing Trends by on August 21, 2019 2 Comments
Where Do Generations Want to Live?

For the majority of Gen Xers, baby boomers and seniors, suburbia continues to be the preferred community in which to live.

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