Tag: Eye on Housing

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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Tight Inventory, Rising Costs Shape Building Industry

Filed in Construction Industry, Economics by on May 5, 2017 0 Comments
Tight Inventory, Rising Costs Shape Building Industry

A strong month for home sales in March reinforced the trend of positive housing demand. However, builders continue reporting scarce availability of labor and lots. And the recently announced 20% tariff on Canadian softwood lumber could have a significant, negative impact.

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New Home Sales in March Continue Upward Trend

Filed in Economics, Home Building by on April 25, 2017 0 Comments
New Home Sales in March Continue Upward Trend

Sales of newly built, single-family homes rose for the third straight month, increasing 5.8% in March to a seasonally adjusted annual rate of 621,000 units, according to newly released data from HUD and the Census Bureau.

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More Builders Banking on Small Banks

Filed in Business Management, Economics, Housing Finance by on April 21, 2017 0 Comments
More Builders Banking on Small Banks

The portion of residential construction loans has steadily grown for the smaller banks each year since 2012.

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Single-Family Production Falls in March after Strong February

Filed in Economics by on April 18, 2017 0 Comments
Single-Family Production Falls in March after Strong February

Nationwide housing starts fell 6.8% in March to a seasonally adjusted annual rate of 1.22 million units, according to newly released data from HUD and the Commerce Department. Still, new housing production in the first quarter of this year is running 8.1% above the 2016 pace. “Today’s numbers are aligned with our builder confidence metric, […]

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Skyrocketing Lumber Prices Put Builders in a Bind

Filed in Business Management, Capitol Hill, Economics by on March 27, 2017 2 Comments
Skyrocketing Lumber Prices Put Builders in a Bind

Home builders are increasingly concerned with the now-expired Softwood Lumber Agreement. The uncertainty surrounding a new trade agreement is impacting businesses on both sides of the border, as it was the primary culprit behind the surging lumber prices so far this year.

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Have Gypsum Prices Found a New Normal?

Filed in Economics by on February 24, 2017 0 Comments
Have Gypsum Prices Found a New Normal?

The long-term trend in gypsum prices appear to have moderated following steep price hikes at the beginning of 2012, 2013 and 2014.

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Conventional Financing Continues to Climb

Filed in Economics, Housing Finance by on February 8, 2017 0 Comments
Conventional Financing Continues to Climb

NAHB economist David Logan looked at the Census Burea’s Quarterly Sales by Price and Financing to determine that nearly 71% of new home sales were financed with conventional loans in 2016: a nine-year high and up from 58.5% in 2010.

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Floorplan Showdown: Completely Open vs. Partially Open

Filed in Design, Economics, Home Building, Housing Trends by on February 1, 2017 0 Comments
Floorplan Showdown: Completely Open vs. Partially Open

Results from NAHB surveys of home buyers and home builders show that buyers have a strong preference for open floorplans, and that most builders are doing their best to create those open spaces for their clients. There are, however, some differences between what buyers are seeking and what builders are delivering.

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Top Concern for Builders Remains Unchanged in 2017

Filed in Economics, Home Building by on January 26, 2017 12 Comments
Top Concern for Builders Remains Unchanged in 2017

More than four out of five builders expect to face serious challenges regarding the cost and availability of labor in 2017, according to a recent survey of members that ran in the monthly NAHB/Wells Fargo Housing Market Index.

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