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Home builders anticipate growth in the market for newly-built, single-family homes. For June 2012, the National Association of Homebuilders reports its monthly Housing Market Index at 29 — an increase of more than 100% from one year ago and the highest […]
Housing » Building permit numbers rise locally, sales climb in most regions of country. Homebuilding activity increased in April along the Wasatch Front and nationally. Builders locally took out permits for the construction of 583 single-family homes, up from 357 […]
New residential construction spending advanced a strong 2.8% on a seasonally adjusted (SA) basis after falling 0.8% in February. Single-family construction spending jumped 3.8% following a 1.3% drop in February. Multifamily construction spending was down 1.8% after advancing 1.7% in […]
The April New Home Sales report suggests that the market for newly-built homes is as strong as the market for existing ones. According to the U.S. Census Bureau, the number of new homes sold rose 3.3 percent in April to a seasonally-adjusted, […]
The new construction housing market continues to improve. One day after the National Association of Homebuilders reported a 5-year high in homebuilder confidence, the U.S. Census Bureau reports that single-family housing starts rose 2 percent for the second straight month […]
The housing market took a step back in February, but remains near post-recession highs. According to data from the National Association of REALTORS®, February’s Pending Home Sales Index slipped 0.5 percent from the month prior, to 96.5. The Pending Home […]
The new construction housing market appears primed for growth this season. According to the Census Bureau, the number of single-family building permits issued in February rose to 472,000 on a seasonally-adjusted, annual basis, marking the highest building permit tally since […]
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Home builders broke ground on new homes at a faster pace in January, exceeding expectations and raising hopes that 2012 will mark a turnaround in the embattled housing sector. Builder home starts in January were at an annual pace of […]