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Industry News (Sources: NAHB & CNN) |
NAHB Eye on HousingBuilder Confidence Hits 20-Month HighWednesday October 16th, 2019 02:01:47 PM
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). Sentiment levels are at their highest point since February 2018 and have risen 13 points since the start of 2019. The housing rebound that began in the spring continues, supported… Read More ›
Northeast Region Posts Growth in Single-Family Permits in AugustTuesday October 15th, 2019 03:41:17 PM
Over the first eight months of 2019, the total number of single-family permits issued year-to-date (YTD) nationwide reached 576,798. On a year-over-year (YoY) basis, this is a 3.7% decline over the August 2018 level of 599,117. Year-to-date ending in August, single-family permits reported declines in three out of the four regions. Northeast was the only region to post a growth… Read More ›
Framing Methods for Single-Family Homes: 2018Friday October 11th, 2019 12:45:25 PM
Wood framing remains the most dominant construction method for single-family homes in the U.S., according to NAHB analysis of Census Bureau data. For 2018 completions, 93% of new homes were wood-framed. Another 7% were concrete homes, and less than half a percent were steel-framed. These shares have remained fairly stable over the last five years. In absolute terms, 778,000 single-family… Read More ›
Real Rent Index Edges Up in SeptemberThursday October 10th, 2019 05:35:42 PM
In September, NAHB’s Real Rent Index increased 0.2 percent over August’s reading, after essentially no growth between June and August (Figure 1). Over the first nine months of 2019, the average monthly growth rate of the Real Rent Index was 0.13%, slightly higher than the average of 0.11% in 2018. NAHB constructs a “real” rent index to indicate whether inflation… Read More ›
Consumer Prices Were Unchanged in SeptemberThursday October 10th, 2019 03:00:22 PM
The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) was unchanged in September on a seasonally adjusted basis, after a 0.1% increase in August. Excluding the volatile food and energy components, the “core” CPI increased by 0.1% in September, following a 0.3% increase for three straight months (June, July and August). Over the month of September,… Read More ›
CNN – Real Estate NewsShould I get a fixed- or adjustable-rate mortgage?Wednesday August 8th, 2018 02:19:25 PM
Read full story for latest details.
Toll Brothers’ record shows the housing boom has no end in sightTuesday August 21st, 2018 04:35:35 PM
Read full story for latest details.
What will your monthly mortgage payment be?Monday February 2nd, 2015 03:53:13 PM
In the market for a new home? Or planning to refinance? Find out what your monthly payment will be.
Looking for a home in Berlin or Budapest? Prepare to pay moreTuesday July 17th, 2018 11:28:00 AM
Europe took 11 of the top 20 spots on a ranking of cities with the largest price increases in the first quarter, according to global property agency Knight Frank.
Zillow buys a mortgage lender and the stock tanksTuesday August 7th, 2018 04:55:43 PM
Read full story for latest details.
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