The National Association of Home Builders (NAHB) will release its Housing Market Index Report on Wednesday, January 17, at 10 a.m. ET. The report provides an outlook for the housing market as well as homebuyer and seller trends. The report ...
Read More »The Week Ahead: What’s on the Horizon for Existing Home Sales?
On Wednesday, the National Association of Realtors will release its latest data on existing home sales. Read on to learn more and find out what else is in store in The Week Ahead.
Read More »If You Build It…
Residential construction spending has been trending upwards in recent years, but is that holding true as we wind toward the end of 2017?
Read More »Less Than 10 Percent of Los Angeles Homes Considered Affordable
A major metropolitan housing market in California is an extreme microcosm of the nation’s trend of rising house prices and their affordability to the population. See what other markets are notable for their lack of affordability.
Read More »NAHB Embracing Idea of MID Alternatives
The National Association of Homebuilders has decided against demanding for a new version of the tax code that includes the mortgage interest deduction, according to a recent Reuters article.
Read More »How Could Tax Reform Hurt the Housing Market?
Tax reform is one of the major ticket items on the current administration’s agenda, a measure that Congress hopes to tackle now that they are back from summer recess. However, two groups of professionals in the housing industry could stand to lose.
Read More »Building a Common Ground
The price of building materials can’t seem to find a common ground, according to a recent report. What data is conflicting, and will it correct itself?
Read More »How Much Are We Spending on New Construction?
May brought changes to the standard trend in construction spending. How long might this new trend continue? See how it varied, and how it fared compared to a month ago, and this time last year.
Read More »Tear-Down Starts Boast Year-Over-Year Increase
A recent estimate of single-family tear-down starts in 2016 calculated that the number has increased from 2015’s average. A tear-down start is defined by a home that was built on land that was once previously the sight of another structure. And while these figures are only estimates, the report finds that the increase in tear-down starts in indicative of the continued recovery of the single-family housing market.
Read More »Builder Confidence Shaky as Labor, Lot Shortages Continue
Home builders are plagued with labor and lot shortages, and it’s causing their confidence in the single-family market to waver, according to new data released this week. Overall, builder confidence in the single-family residential market has dropped by two points in June. Single-family production fell 3.9 percent for the month of May, while multifamily construction dropped 9.7 percent. Overall, housing starts declined 5.5 percent across the nation.
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