Posts Tagged NAHB

Single-Family Housing Starts Decline in November

house on chart showing decrease in statistics

Amid growing affordability concerns, the number of single-family housing starts fell in November. Despite overall housing starts getting a small boost last month, the number of single-family housing starts fell 4.6 percent to 824,000 units. According to the National Association of Home Builders (NAHB), data from the U.S. Department of Housing and Urban Development (HUD) and the Commerce Department showed overall housing starts increasing 3.2 percent in November to a seasonally adjusted annual rate of 1.26 million units. This is in comparison to a downwardly revised October reading. Year-to-date, new housing starts are 5.1 percent above their level over the same

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Remodeling Confidence Remains Strong in Third Quarter

home builder constructing a wooden frame

More home remodelers are reporting an increase in market activity, as the National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 58 in the third quarter of 2018. This continues the trend of the RMI consistently posting readings above 50 and remains stable from the previous quarter.

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55+ Housing Market Continues to Strengthen in Second Quarter

older happy couple standing on front steps of house

Builder confidence in the single-family 55+ housing market continued to strengthen in the second quarter of 2018, according to the latest National Association of Home Builders (NAHB) 55+ Housing Market Index (HMI), released August 2. The index gained one point overall to 67 while the component measuring current sales increased 3 points to 73.

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