News
RealEstateRama News
Lower Mortgage Rates Push Housing Affordability to Highest Level in Three Years
With mortgage rates at a three-year low and a healthy job market, housing affordability rose to its highest level in three years in the third quarter of 2019
55+ Housing Market Ticks Back Up to Record High
Builder confidence in the single-family 55+ housing market rose one point in the third quarter of 2019, returning to its record-high reading of 72, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) released
NAHB Announces Finalists for Multifamily Awards
The National Association of Home Builders’ (NAHB) has announced the finalists for the 2019 Multifamily Pillars of the Industry Awards. A panel of 12 industry experts narrowed the entries down to 74 finalists in 24 categories.
New Home Sales Remain Stable in September
Sales of newly built, single-family homes decreased 0.7 percent to a seasonally adjusted annual rate of 701,000 units in September off a downwardly revised reading in August,
Federal Code Mandates Costly and the Wrong Approach to Boost Energy Efficiency
The National Association of Home Builders (NAHB) today urged Congress to oppose any federal mandates that require the adoption of more stringent building codes because it would harm housing affordability, prevent healthy competition in the marketplace and may not achieve the intended results
Remodelers’ Confidence Holds Steady in Third Quarter of 2019
The National Association of Home Builders' (NAHB) Remodeling Market Index (RMI) posted a reading of 55 in the third quarter of 2019, remaining stable from the previous quarter. The RMI has been consistently above 50—indicating that more remodelers
Builder Confidence Hits 20-Month High
Builder confidence in the market for newly-built single-family homes rose three points to 71 in October, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.
Single-Family Housing Starts Hold Firm in September
Due to a decline in multifamily housing starts, total housing starts fell 9.4 percent in September to a seasonally adjusted annual rate of 1.26 million units, according to a report from the U.S. Housing and Urban Development and Commerce Department
NAHB Second Vice Chairman Chuck Fowke Inducted into Florida Housing Hall of Fame
John “Chuck” Fowke, second vice chairman of the National Association of Home Builders (NAHB) and a Tampa, Fla.-based custom home builder, was inducted today into the Florida Housing Hall of Fame by the Florida Home Builders Association (FHBA)
New Home Sales Post Solid Gains in August
Sales of newly built, single-family homes increased 7.1 percent to a seasonally adjusted annual rate of 713,000 units in August off a revised upward reading in July, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Voluntary, Market-Driven Solutions Best Approach to Boost Energy Efficiency
The National Association of Home Builders (NAHB) told Congress today that it wants to work as a partner with officials at all levels of government to encourage energy efficiency
Housing Starts Post Healthy Gains in August
Led by a surge in multifamily production, total housing starts rose 12.3 percent in August to a seasonally adjusted annual rate of 1.36 million units from an upwardly revised reading in July, according to a report from the U.S. Housing
Statement from NAHB Chairman Greg Ugalde on Today’s Senate Banking Committee Hearing on the...
Greg Ugalde, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Torrington, Conn., today issued the following statement in response to today’s Senate Banking Committee hearing
Vast Majority of Americans Cite Growing Housing Affordability Problem As a Crisis
Four out of five American households believe the nation is suffering a housing affordability crisis and at least 75 percent report this is a problem at the state and local level as well, according to a new nationwide survey conducted
Apartment and Condominium Market Bounces Back to Positive Territory in Second Quarter
Confidence in the market for new multifamily housing improved in the second quarter of 2019, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB).
Single-Family Starts Continue Modest Improvement in July
Due to a decline in multifamily production, total housing starts fell 4 percent in July to a seasonally adjusted annual rate of 1.19 million units from a downwardly revised reading in June
Builder Confidence Trending Higher as Interest Rates Move Lower
Builder confidence in the market for newly-built single-family homes rose one point to 66 in August, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.
Statement from NAHB Chairman Greg Ugalde on Final ESA Regulations
Greg Ugalde, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Torrington, Conn., issued the following statement after the administration released
2020 International Builders’ Show Registration Now Open
The National Association of Home Builders (NAHB) officially opened online registration today for the 2020 NAHB International Builders’ Show® (IBS), the largest annual light construction trade show in the world
55+ Housing Market Remains Solid in Second Quarter
Builder confidence in the single-family 55+ housing market remained solid in the second quarter with a reading of 71, edging down one point from the previous quarter due to softness in traffic of prospective buyers
