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September Existing Sales Slightly Up
Blog 1 day ago
September Existing Sales Slightly Up

September existing sales increased slightly by 0.7% for the first time in four months, but the first-time buyer share decreased to 29% of sales,...

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Lots Account for 17% of New Home Sale Prices
Blog 1 day ago
Lots Account for 17% of New Home Sale Prices

Earlier this month we published two blogs highlighting record-small sizes and record-high prices of new single-family lots. Extending this analysis...

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Remodeling Market Index Maintains Strength in Third Quarter
Blog 2 days ago
Remodeling Market Index Maintains Strength in Third Quarter

The Remodeling Market Index (RMI) posted a reading of 57 in the third quarter of 2017, up two points from the previous quarter, according to the...

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Residential Construction Lower on Hurricanes: Trends Remain in Place
Blog 3 days ago
Residential Construction Lower on Hurricanes: Trends Remain in Place

Information released jointly by the Department of Housing and Urban Development and the Census Bureau indicates that total housing starts fell by 4...

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Builder Confidence Rises Four Points in October
Blog 4 days ago
Builder Confidence Rises Four Points in October

Builder confidence in the market for newly-built single-family homes rose four points to a level of 68 in October on the National Association of...

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Sale and Contract Prices per Square Foot in 2016
Blog 4 days ago
Sale and Contract Prices per Square Foot in 2016

Looking at single-family homes started in 2016, the median prices per square foot, excluding improved lot values, range from $164 for contractor...

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Most States Saw Permit Growth Over August YTD
Blog 5 days ago
Most States Saw Permit Growth Over August YTD

According to the Census Bureau, over the first eight months of 2017 the total number of permits, which included single-family and multi-family,...

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Six In Ten New Homes Are Built In Community Associations
Blog 5 days ago
Six In Ten New Homes Are Built In Community Associations

According to data from the Census Bureau’s Survey of Construction (SOC), 59.8 percent of all homes started in 2016 were built within a community or...

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Gas Prices Drive Overall Inflation
Blog 1 week ago
Gas Prices Drive Overall Inflation

According to the Bureau of Labor Statistics, seasonally adjusted consumer prices faced by urban consumers (CPI) accelerated over the month of...

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Manufactured Homes Post August Increase
Blog 1 week ago
Manufactured Homes Post August Increase

According to the U.S. Census Bureau, shipments of manufactured homes increased by 7.6% to an 85,000 seasonally adjusted annual rate in August, from...

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OSB Prices Up Nearly 20% Since September 2016
Blog 1 week ago
OSB Prices Up Nearly 20% Since September 2016

The price of OSB increased 4.4% in September and has risen 19% and 38% since September and January 2016, respectively. The surge was in contrast...

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Construction Job Openings Reach New Cycle High
Blog 1 week ago
Construction Job Openings Reach New Cycle High

The count of unfilled jobs in the construction sector continued to rise in August, reaching the highest level since February 2007. Given the...

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Lot Values Stable at Record High
Blog 1 week ago
Lot Values Stable at Record High

Single-family lot prices remained at record high levels in 2016, with half of the lots priced at or above $45,000. According to NAHB’s analysis of...

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Share of New Homes with Porches Back Over 65 Percent
Blog 2 weeks ago
Share of New Homes with Porches Back Over 65 Percent

Of the roughly 780,000 single-family homes started in 2016, 65.1 percent included porches, according to NAHB tabulation of data from the Survey of...

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Consumer Confidence Sheds Some Light on New Home Sales
Blog 2 weeks ago
Consumer Confidence Sheds Some Light on New Home Sales

The Conference Board recently reported that the Consumer Confidence Index declined slightly in September. The present situation index declined by 1...

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Large Builder Share Edges Upward in Major Markets
Blog 2 weeks ago
Large Builder Share Edges Upward in Major Markets

NAHB’s analysis of information published in Builder Magazine shows that, although major markets became slightly less concentrated overall, large...

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Mortgage Rates on New Home Purchases Remain Low
Blog 2 weeks ago
Mortgage Rates on New Home Purchases Remain Low

The Federal Housing Finance Agency reported that contract rates on purchases of newly-built homes rose 7 basis points over the month of August 2017...

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Lot Size is at a New Record Low
Blog 2 weeks ago
Lot Size is at a New Record Low

The median lot size of a new single-family detached home sold in 2016 stands at 8,562 square feet, or just under one-fifth of an acre. This is a...

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Residential Fixed Investment Slows in Second Quarter
Blog 2 weeks ago
Residential Fixed Investment Slows in Second Quarter

The final estimate of second quarter 2017 GDP growth (revised up two-tenths of a percentage point to 1.4%), shows that housing’s share of gross...

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Private Residential Construction Spending Rises in August
Blog 2 weeks ago
Private Residential Construction Spending Rises in August

NAHB analysis of Census Construction Spending data shows that total private residential construction spending stood at a seasonally adjusted annual...

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Most Local Economies Grew At A Slower Pace In Q1 2017
Blog 2 weeks ago
Most Local Economies Grew At A Slower Pace In Q1 2017

Real gross domestic product (GDP) increased in 43 states and the District of Columbia in the first quarter of 2017, according to the U.S. Bureau of...

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Property Taxes by State – 2016
Blog 2 weeks ago
Property Taxes by State – 2016

The 2016 American Community Survey data shows that New Jersey still leads the nation with the highest average annual real estate tax (RET) bill of ...

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U.S. Personal Income and Spending Rise in August
Blog 3 weeks ago
U.S. Personal Income and Spending Rise in August

Personal income climbed 0.2% in August after the downwardly revised 0.3% growth in July, according to the most recent data release from the Bureau...

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GDP Growth in Q2 Ticks Up With Third Estimate
Blog 3 weeks ago
GDP Growth in Q2 Ticks Up With Third Estimate

The U.S. Bureau of Economic Analysis (BEA) released its third estimate of the nation’s economy for the second quarter of 2017. According to the...

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Home Price Appreciation Continues in July
Blog 3 weeks ago
Home Price Appreciation Continues in July

S&P Dow Jones Indices released the Case-Shiller U.S. National Home Price Index for July. The report indicates that house price appreciation...

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Pending Sales Fall, Market Stalls
Blog 3 weeks ago
Pending Sales Fall, Market Stalls

The Pending Home Sales Index decreased in August for the fifth time in six months, pulling 2017 existing sales below the pace set in 2016. The...

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New Home Sales Fall in August
Blog 3 weeks ago
New Home Sales Fall in August

Contracts for new single-family home sales declined 3.4% in August to a 560,000 seasonally adjusted annual rate, according to estimates from the...

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Homeowners’ Equity Continues to Improve
Blog 3 weeks ago
Homeowners’ Equity Continues to Improve

The Board of Governors of the Federal Reserve System published the Financial Accounts of the United States for the second quarter of 2017. The...

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New Single-Family Home Foundations in 2016
Blog 3 weeks ago
New Single-Family Home Foundations in 2016

NAHB analysis of the Survey of Construction (SOC) shows that 56.8% of all new single-family started in 2016 were built on slab foundations, 27.4%...

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Apartment Absorption Flat While Condo Absorption Climbs
Blog 4 weeks ago
Apartment Absorption Flat While Condo Absorption Climbs

The Census Bureau, in collaboration with the Department of Housing and Urban Development (HUD), recently released the Survey of Market Absorption ...

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