Multifamily Decline Brings Overall Housing Starts Down 5.5 Percent in May

Multifamily Decline Brings Overall Housing Starts Down 5.5 Percent in May

Led by a decline in multifamily production, nationwide housing starts fell 5.5 percent in May to a seasonally adjusted annual rate of 1.09 million units,…

Steady Growth: The Construction Industry Still Predicted to Grow 6 Percent in 2017

Steady Growth: The Construction Industry Still Predicted to Grow 6 Percent in 2017

Solid and stable economic improvement looks to continue in the overall construction industry. In May, the construction consultants and analysts at FMI released a revamped…

Homeownership Remains Key Part of American Dream, but Obstacles Persist, says NAHB

Homeownership Remains Key Part of American Dream, but Obstacles Persist, says NAHB

As the National Association of Home Builders (NAHB) celebrates National Homeownership Month in June, more than two-thirds of Americans believe that owning a home is…

Multifamily Developer Confidence Dips in First Quarter as Market Levels

Multifamily Developer Confidence Dips in First Quarter as Market Levels

The Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB), dropped seven points to 48 in the first quarter of 2017….

Multifamily Drop Brings Down Housing Production 2.6 Percent in April

Multifamily Drop Brings Down Housing Production 2.6 Percent in April

Led by a decline in multifamily production, nationwide housing starts fell 2.6 percent in April to a seasonally adjusted annual rate of 1.17 million units,…

New Home Sales Slip in April After Strong Start to the Year

New Home Sales Slip in April After Strong Start to the Year

Sales of newly built, single-family homes in April dropped for the first time in 2017, falling 11.4 percent to a seasonally adjusted annual rate of…

Builder Confidence Continues on Upward Trend, Says NAHB

Builder Confidence Continues on Upward Trend, Says NAHB

In a further sign that the housing market continues to strengthen, builder confidence in the market for newly-built single-family homes rose two points in May…

Housing Affordability Registers Slight Uptick in First Quarter

Housing Affordability Registers Slight Uptick in First Quarter

Rising wages and moderating home prices offset a rise in mortgage interest rates to give housing affordability a slight boost in the first quarter of…

Aging-in-Place Remodeling, Minor Modifications Gaining Popularity, According to NAHB Survey

Aging-in-Place Remodeling, Minor Modifications Gaining Popularity, According to NAHB Survey

The past five years have seen increases in the number of remodelers engaged in aging-in-place home modifications and home owner awareness of these types of…

Proposed Lumber Duties Will Harm Consumers, Housing Affordability, Says NAHB

Proposed Lumber Duties Will Harm Consumers, Housing Affordability, Says NAHB

The National Association of Home Builders (NAHB) recently denounced the decision by the U.S. Department of Commerce to impose a 20 percent countervailing duty on…

Single-Family Home Production Falls in March After Strong February Reading

Single-Family Home Production Falls in March After Strong February Reading

Following an elevated February reading, nationwide housing starts fell 6.8 percent in March to a seasonally adjusted annual rate of 1.22 million units, according to…