Housing Starts Trip Up

But Could ‘Easily’ Exceed 1.3 Million This Year Home-building activity stumbled in December, with housing starts down 8.2 percent to a rate of 1,192,000, according to the latest data from U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts decreased 11.8 percent to 836,000. Starts for units in buildings […]

The post Housing Starts Trip Up appeared first on RISMedia.

Housing Starts Rise in Surprise November

Home-building activity rose in a surprise November, with housing starts up 3.3 percent to a rate of 1,297,000, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts increased 5.3 percent to 930,000. Starts for units in buildings with five units or more […]

The post Housing Starts Rise in Surprise November appeared first on RISMedia.

Housing Starts Tumble in September

Home-building activity tumbled in September, with housing starts down 4.7 percent to a rate of 1,127,000, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts decreased 4.6 percent to 829,000. Starts for units in buildings with five units or more came in […]

The post Housing Starts Tumble in September appeared first on RISMedia.

Building Green No Longer a Specialty

Builders anticipate green homes will comprise more than half of their business in five years, moving to necessity from specialty, according to a recently released report by the National Association of Home Builders (NAHB). Energy-efficiency is in demand, as well as a “healthy indoor living environment,” the report reveals. “These findings show that green building […]

The post Building Green No Longer a Specialty appeared first on RISMedia.

Multifamily Sector Posts Gains in Q2

The multifamily housing market, which includes apartments and condominiums, posted gains in the second quarter of 2017, according to the latest National Association of Home Builders (NAHB) Multifamily Production Index (MPI). The Index rose eight points to 56. An above-50 reading indicates more builders have a positive outlook than a negative one. “A return to […]

The post Multifamily Sector Posts Gains in Q2 appeared first on RISMedia.

Builders ditching granite and vinyl for mid-tier priced products

What do cast iron sinks, granite countertops and vinyl tile have to do with the current housing market? They’re either either too cheap or too expensive — and therefore at odds with the types of homes builders are building right now.  …

Where Home-Building Is Booming, and Why

Home-building is floundering against soaring demand, with inventory now at its lowest in two decades. Are any markets keeping up? New construction is taking off in at least three, where each are expected to gain more than 40,000 new homes this year, according to a recent study by Trulia. Activity is exploding in Dallas and […]

The post Where Home-Building Is Booming, and Why appeared first on RISMedia.

Housing Starts Get Tripped Up in July

Home-building activity unexpectedly tripped up in July, with housing starts down 4.8 percent to a rate of 1,155,000, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts decreased 0.5 percent to 856,000. Starts for units in buildings with five units or more […]

The post Housing Starts Get Tripped Up in July appeared first on RISMedia.

Builder Confidence in New Construction Climbs Back Up

Home builder confidence in the new, single-family construction market has climbed back up in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The Index reading for August was 68, up four points from July. An above-50 reading indicates more builders have a positive outlook than a negative one. “Our members […]

The post Builder Confidence in New Construction Climbs Back Up appeared first on RISMedia.

July Jobs Report Signals Riper Conditions for Housing

The U.S. economy added 209,000 jobs in July, the Labor Department recently reported, flouting expectations and signaling riper conditions for the housing market. The unemployment rate retreated to 4.3 percent, a low, and hourly wages on average went up 0.3 percent to $26.36. “[July’s] strong jobs report showed some good news,” says Danielle Hale, chief […]

The post July Jobs Report Signals Riper Conditions for Housing appeared first on RISMedia.