Posted by karyl@hbaofic.org on Oct 18, 2018 in News
NAHB’s Remodeling Market Index (RMI) posted a reading of 58 in the third quarter of 2018, remaining stable from the previous quarter. The RMI has been consistently above 50 — indicating the majority of remodelers report market activity is higher compared to the previous quarter — since the second quarter of 2013. The overall RMI averages current remodeling activity and future indicators. “Remodelers across the country are seeing home owner demand remain strong through the...
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Posted by karyl@hbaofic.org on Sep 26, 2018 in News
New Home Sales Up 3.5% in August Even as Affordability Concerns Persist Filed in Economics, Home Building by NAHB Now on September 26, 2018 • 0 Comments Sales of newly built, single-family homes rose 3.5% in August to a seasonally adjusted annual rate of 629,000 units after downwardly revised June and July reports, according to newly released data from HUD and the Census Bureau. These downward revisions suggest softness in new-home sales activity this summer. However, on a...
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Posted by karyl@hbaofic.org on Sep 26, 2018 in News
HBA Integral to 2018 Habitat Women Build House
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Posted by karyl@hbaofic.org on Sep 20, 2018 in News
Filed in Economics, Trade by NAHB Now on September 18, 2018 • 2 Comments President Trump’s decision yesterday to escalate the trade conflict with China could wind up imposing a $2.5 billion tax increase on residential construction at time when builders are already grappling with higher housing costs. Trump announced he is moving immediately to impose 10% tariffs on an additional $200 billion worth of Chinese imports, including $10 billion of goods used by the home building...
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Posted by karyl@hbaofic.org on Sep 20, 2018 in News
Filed in Economics, Home Building, Multifamily by NAHB Now on September 19, 2018 • 0 Comments Total housing starts increased 9.2% in August to a seasonally adjusted annual rate of 1.28 million units, according to newly released data from HUD and the Commerce Department. The August reading of 1.28 million is the number of housing units builders would start if they maintained this pace for the next 12 months. Within this overall number, single-family starts increased 1.9% to...
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