Tag Archives: NAHB

Housing and economic activity has returned to or exceeded normal levels in 68 of about 360 metropolitan areas in the country (about 19 percent) as of the end of Q1 2015, according to the National Association of Home Builders (NAHB)/First American Leading Markets Index (LMI) released Wednesday. The 68 markets represent a year-over-year increase of seven markets, according to NAHB.

The latest National Association of Homebuilders/First American Leading Markets Index (NAHB/LMI) released Thursday found that markets in 63 out of 351 metropolitan areas nationwide (about 18 percent) matched or exceeded their normal levels of economic and housing activity in Q4 2014, according to an announcement from NAHB.

The number of housing markets that have returned to their last normal levels of economic activity remained flat in August, marking a stall as the recovery comes down to a slower pace.

The National Association of Home Builders' (NAHB) Housing Market Index (HMI), released Monday in collaboration with Wells Fargo, registered 49 this month, up from 45 in May. A value below 50 indicates more builders view market conditions as "poor" rather than "good." Despite falling one point short of the benchmark, the moderate uptick in sentiment "is a welcome sign and shows some renewed confidence in the industry," said NAHB chairman Kevin Kelly.

The First American Leading Markets Index (LMI) , a report released Thursday by the National Association of Home Builders showed that 56 of approximately 350 metro markets nationwide have returned to or exceeded their last normal levels of economic and housing activity, as recorded before the recession. This is nine more metros than a year ago, suggesting that even though the lion's share of metros in the U.S. are still underperforming, more are coming back to stable ground.

A decrease in median home prices coupled with steady mortgage rates helped contribute to higher housing affordability in the first quarter of 2014, according to the National Association of Home Builders (NAHB). NAHB, coupled with Wells Fargo, recently published their Housing Opportunity Index (HOI), which found 65.5 percent of new and existing homes sold between January through March were affordable to families.

In a nationwide analysis of 351 metros, the National Association of Home Builders (NAHB) found 300 have seen year-over-year economic gains. According to the group's Leading Markets Index (LMI), 59 metros have fully returned or even exceeded their last normal levels of both economic and housing activity.

With the spring buying season in the housing market right around the corner and stronger employment numbers reported, confidence is gaining that economic recovery is right around the corner. The National Association of Home Builders (NAHB) found 59 of the 350 metro markets examined have returned to or exceeded their last normal levels of economic and housing activity.

The National Association of Home Builders (NAHB) revealed in its latest Housing Market Index (HMI) that after falling in February to the lowest level in nearly a year, builder confidence barely moved in March. The index nudged up one point this month, landing on a reading of 47—still a few points shy of the 50 benchmark that separates a market largely perceived as "bad" from one perceived as "good."

The United States Senate passed the Homeowner Flood Insurance Affordability Act of 2014, a bill aimed at protecting millions of homeowners from being hit by huge flood insurance premium hikes. The bill, H.R. 3370, passed with a 72-22 vote in the Senate, after previously being passed in the House of Representatives on March 4.