Tag: housing market: Page 6

Business

New-home sales increase 4.4 percent in November

New single-family home sales increased 4.4 percent in November to a seasonally adjusted annual rate of 377,000 units, according to figures from HUD and the United States Census Bureau. It was the highest monthly total since April 2010. National Association of Home Builders (NAHB) Chief Economist David Crowe said NAHB is projecting about 365,000 new-home […]

December 28, 2012

Business

Housing starts dip in November, remain far ahead of 2011

Privately-owned housing starts in the month of November were at a seasonally-adjusted annual rate of 861,000, according to figures released by the U.S. Census Bureau Wednesday morning. The rate is a 3-percent drop from the revised October estimate of 888,000. However, it’s a 21 percent increase over November 2011’s rate. Single-family housing starts were at […]

December 19, 2012

Business

Builder confidence index rises to highest level in more than 6 years

Builder confidence for newly built, single-family homes rose to a level of 47 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) in December. The two-point gain from November marks the eighth consecutive month builder confidence has risen and the highest level the index has seen since April 2006. “Builders across the […]

December 18, 2012

Business

Number of improving housing markets increases by 76 in December

The number of improving housing markets increased by 76 to a total of 201 metros in December, according to data released by the National Association of Home Builders (NAHB)/First American Improving Markets Index (IMI). The index also shows that the number of states represented on the list by at least one metro increased from 38 […]

December 10, 2012

Home

American Augers, Trencor retain brand identities after acquisition

American Augers drills and Trencor trenchers will retain their brand identities as they are incorporated into The Charles Machine Works; the media heralds improving metrics but problems and a weak economy remain;Jennifer Hicks spoke with members of the Associated General Contractors of America on four areas the construction industry should continue to watch over .

December 1, 2012

Business

Is housing really back?

Here’s a tip that can save you a lot of time. Whenever you see a report on TV or in your daily newspaper heralding the resurgence of the housing market…ignore it. Various pundits have wrongly predicted housing’s return for four years now, and as of this writing, the media has run a month-long string of […]

November 30, 2012

Construction Equipment

Home builder confidence sees largest monthly increase in 10 years

Builder confidence rose six points to a rating of 35 on the NAHB's Housing Market Index for July, bringing the index to its highest overall point since March 2007.

July 18, 2012

Home

May brings more new houses, but overall housing construction falls

A new U.S. Department of Commerce report on the housing market is a mixed bag of continued deterioration and hope for recovery.

June 19, 2012