Tag: Home Building Geography Index

A Red-Blue Divide on Home Construction

Filed in Economics, Home Building, Housing Trends by on March 3, 2020 3 Comments
A Red-Blue Divide on Home Construction

Nearly two-thirds of multifamily construction in the fourth quarter of 2019 occurred in “blue counties” where Hillary Clinton garnered the most votes in the 2016 election, while nearly the same percentage of single-family home building took place in “red counties” where President Trump won. And momentum for continued single-family and multifamily construction continues in the red counties, according to the latest quarterly NAHB Home Building Geography Index (HBGI).

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Most Home Building in Millennial Areas, But Pace Lags Rest of Nation

Filed in Economics, Housing Trends by on December 3, 2019 0 Comments
Most Home Building in Millennial Areas, But Pace Lags Rest of Nation

The majority of single-family and multifamily housing production in the nation is occurring in counties with the greatest concentration of millennials. However, in a warning sign that the housing affordability crisis persists and more construction is needed, the pace of housing production in areas with the greatest concentration of millennials lags the rest of the nation, according to the latest quarterly NAHB Home Building Geography Index (HBGI).

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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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New Home Building Geography Index Shows Single-Family Growth Limited to Exurbs

Filed in Economics by on May 28, 2019 5 Comments
New Home Building Geography Index Shows Single-Family Growth Limited to Exurbs

In a sign that housing affordability is becoming a growing issue nationwide, as of the first quarter of 2019 exurbs were the only region that registered single-family permit growth on a year-over-year basis, according to the new NAHB Home Building Geography Index (HBGI).

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