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U.S. Home-Builder Confidence Hits Highest Level in Nearly a Decade

A gauge of home-builder sentiment hit its highest level since November 2005, reflecting confidence in a steadily improving U.S. housing market. An index of builder confidence in the market for new single-family homes stood at a seasonally adjusted level of 60 in July, the National Association of Home Builders said Thursday. A reading over 50 [...]

2015-08-20T14:39:40-05:00July 24th, 2015|Latest News|

Housing Finishes 2014 Up

Total housing starts for 2014 topped the one million mark for the first time since 2007. Census and HUD reported December housing starts and revised estimates for October and November that pushed total construction to 1,005,800 for 2014. December levels were up 4.4% from November at 1,089,000. The late year push was led by single-family [...]

2016-12-12T16:59:28-05:00January 23rd, 2015|Latest News|

Housing Starts in U.S. Exceed 1 Million Pace for Third Month

Housing starts declined 1.6 percent, the first drop since August, to a 1.03 million annualized rate from a revised 1.05 million pace in October that was stronger than previously estimated, figures from the Commerce Department showed today in Washington. The decrease was led by a plunge in the South as other areas registered gains. Read [...]

2016-12-12T16:59:28-05:00December 17th, 2014|Latest News|

Regional Differences in New Homes Started in 2013

The most economical new single-family homes are started in the South, where not only lots are least expensive but sale and contract price per square foot are lowest in the nation. These homes rarely have basements and most are served by public water and septic systems. Read the full article on >

2016-12-12T16:59:28-05:00November 24th, 2014|Latest News|

Townhouse Market Growing

Total townhouse construction was up on a year-over-year basis during the third quarter of 2014. According to NAHB analysis of Census data of Starts and Completions by Purpose and Design, single-family attached starts totaled 20,000 for the quarter, 17% higher than a year prior. Over the last four quarters, townhouse construction starts totaled 70,000, up [...]

2016-12-12T16:59:28-05:00November 24th, 2014|Latest News|