Tag: forecasts

ABC, AIA and NAHB Economists Predict Industry Growth Through 2017

Filed in Economics by on August 15, 2016 0 Comments

NAHB Chief Economist Robert Dietz, Associated Builders and Contractors (ABC) Chief Economist Anirban Basu and American Institute of Architects (AIA) Chief Economist Kermit Baker predicted continued growth for the construction industry in 2017 during a joint economic forecast today.

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Harvard Study: Housing Recovery Strengthens, but Challenges Remain

Filed in Economics, Multifamily by on June 23, 2016 0 Comments
Harvard Study: Housing Recovery Strengthens, but Challenges Remain

Although homeownership rates are still falling, the bottom may be in sight as the lingering effects of the housing crash continue to dissipate. Meanwhile, rental demand is driving the housing recovery. These are among the key findings of a new report from the Joint Center for Housing Studies at Harvard University.

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New Study Confirms Growing Rental Demand

Filed in Multifamily by on June 24, 2015 1 Comment
New Study Confirms Growing Rental Demand

Here’s some good news for the multifamily building industry: The national rental vacancy rate hit 7.6% in 2014, the lowest in nearly 20 years, according to a new report from the Joint Center for Housing Studies at Harvard University. Released today, the 2015 State of the Nation’s Housing highlights the continuing demand for rental housing, […]

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Remodelers Confident In Gradual Market Improvement

Filed in Economics, Remodeling by on April 23, 2015 0 Comments
Remodelers Confident In Gradual Market Improvement

The NAHB Remodeling Market Index posted a reading of 57 in the first quarter, off slightly from the historically high level of 60 in the last quarter of 2014 but above the key break-even point of 50.

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Multifamily Market Sentiment Holds Steady in 4th Quarter

Filed in Economics, Multifamily by on February 26, 2015 0 Comments
Multifamily Market Sentiment Holds Steady in 4th Quarter

NAHB’s Multifamily Production Index, released today, held steady with a reading of 54 for the fourth quarter of 2014. This capped the third straight year of quarterly readings consistently at 50 or above.

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Millennials Seek Smaller Homes, Won’t Sacrifice Details

Filed in Design, IBS by on January 26, 2015 2 Comments
Millennials Seek Smaller Homes, Won’t Sacrifice Details

As Millennials enter the home buying market in larger numbers, homes will get a little smaller, laundry rooms will be essential, and home technology increasingly prevalent, said panelists during an International Builders’ Show press conference on home trends and Millennials’ home preferences last week.

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Remodeling: Modest Growth in 2015

Filed in Economics, IBS, Remodeling by on January 20, 2015 0 Comments

Residential remodeling will see modest growth in 2015, according to a panel of experts at an NAHB press conference at the International Builders’ Show today in Las Vegas. Remodelers appearing on the panel cited home owners’ changing demographics and increased financial security as reasons.

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Fall Construction Forecast Offers Expert Analysis

Filed in Business Management, Economics by on October 27, 2014 0 Comments

Where is the housing market headed?

You can get answers at the NAHB Fall Construction Forecast Webinar, 2-4 p.m. ET on Thursday, Oct. 30. NAHB Chief Economist Dr. David Crowe will analyze and interpret data to help inform your business decisions in 2015.

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Where is the Housing Market Headed?

Filed in Economics, Housing Finance by on September 12, 2014 6 Comments

Sustained job growth, affordable home prices, low mortgage rates and a rebound in consumer, small business and builder confidence will help the housing market continue to show modest improvement and better production levels in the months ahead, according to NAHB Chief Economist David Crowe. Watch this video to get the full forecast.

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55+ Builder Confidence Levels Climb

Filed in 55+ Housing, Economics, Multifamily by on August 8, 2014 0 Comments
55+ Builder Confidence Levels Climb

Builder confidence in the single-family 55+ housing market for the second quarter is up year over year, according to NAHB’s 55+ Housing Market Index (HMI) released Thursday. Compared to the second quarter of 2013, the single-family index increased three points to 56, the highest second-quarter reading since the inception of the index in 2008 and the 11th consecutive quarter of year-over-year improvements.

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