Tag: National Association of Home Builders: Page 2

Business

Home starts plunge 17% in February as cold weather and worker shortage drop builder confidence

With spring right around the corner, U.S. home builders are certainly looking forward to the warmer temperatures and the official start of the construction season as starts on new homes took a steep plunge in February. Construction on new homes in the U.S. fell 17 percent in February, following a flat January, according to preliminary […]

March 17, 2015

Business

U.S. home starts fall 2 percent in January as builder confidence dips due to cold weather

Following up a nice gain in December, housing starts in the U.S. fell 2 percent in January and builder confidence in the market has since dropped due to harsh winter weather conditions. Builders started homes at a seasonally-adjusted annual rate of 1.065 million homes in January, a 19-percent increase over January 2014, according to preliminary data […]

February 18, 2015

Business

With December bump, U.S. home builders started 9% more homes in 2014

Despite an up and down year heavily-influenced by apartment construction, home builders in the U.S. began work on more new homes in 2014 than the previous year. During December, starts on both single-family homes and apartments rose 4.4 percent to a rate of 1.043 million, according to preliminary data from the commerce department. The final tally for […]

January 21, 2015

Business

Home starts rise 6.3% in September as homebuilder confidence falls back to earth

The month-to-month volatility of new U.S. housing starts continued in September, while homebuilder confidence in the market saw its first dip in four months. Following a 13-percent drop in August, construction on new homes in the U.S. rose 6.3 percent in September to a seasonally adjusted annual rate of 1.017 million, according to preliminary data […]

October 20, 2014

Business

Home starts fall 6.5% in May as apartment construction and permits slow

May represented a down month for residential construction in the U.S. as both home starts and permits decreased. U.S. home construction starts fell 6.5 percent in May as new construction on both single-family homes and apartments saw sizable declines. Builders started new homes at a seasonally adjusted annual rate of 1.001 million, down from April’s […]

June 17, 2014

Business

Building permits up in October, but government delays housing starts data for second month due to shutdown

Though the Commerce Department won’t release data on housing starts and completions until next month, it reports that building permits saw a sizable gain in October. Placing blame on the 16-day partial shutdown of the federal government during October, the Commerce Department says it won’t have the data for home starts and completions for the […]

November 26, 2013

Business

Housing starts up 0.9% as decreases in apartment starts, permits detract from single-family performance

Following a few months of ups and downs, U.S. construction starts on new homes are showing signs of stabilizing a bit with a second consecutive month of gains in August. New home starts rose 0.9 percent in August to a seasonally adjusted annual rate of 891,000, according to preliminary data from the Commerce Department on […]

September 18, 2013

Home

Home starts rebound 6 percent in July as permits and builder confidence soar

We’ll say this for the current home construction recovery: it doesn’t stay down for long. Following a 10-percent drop in June, new home starts in July rose 6 percent to a seasonally-adjusted annual rate of 896,000, according to data from the Commerce Department Friday. It’s a good sign, as home starts inch closer to regaining the […]

August 16, 2013

Business

Materials shortage pushes homebuilders even farther off the pace of demand

In addition to the skilled labor shortage currently keeping the construction industry from meeting the increased housing demand it has seen in the past 6 to 10 months, a shortage of building supplies is now keeping these contractors even further off pace, reports Reuters. According to the report, regional building materials makers—the companies that supply […]

July 29, 2013

Business

Builder confidence reaches highest level since 2006

For the first time since April 2006, more U.S. home builders say they view the market  as “good” rather than “poor.” The sentiment comes through the June edition of the National Association of Home Builders/Wells Fargo Housing Market Index. The Index’s rating of builder confidence rose eight points in June to a 52. The NAHB says […]

June 20, 2013

Business

Builder confidence up on strengthening housing market, but majority rate still rate it “fair” or “poor”

Though the reading is not at a point where more home builders view the current market for newly-built, single-family as “good” than “poor,” builder confidence improved three points to a 44 on the May edition of the National Association of Home Builders/Wells Fargo Housing Market Index.   The monthly survey asks home builders to rate current […]

May 15, 2013

Business

Construction, other industries speak out against guest worker deal

Just when it looked like the final hurdle to immigration reform had been cleared, dozens of business groups, including half a dozen representing construction professionals, have called into question a new guest worker program agreed to by the U.S. Chamber of Commerce and the AFL-CIO. As we recently reported, the new guest worker program, called […]

April 12, 2013