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Eye On Housing
Age-Restricted Homes Slightly Smaller, Pricier than Others Started in 2018
Jan 22nd 2020 : Of the roughly single-family and multifamily homes started in and respectively were age-restricted according to NAHB tabulation of data from the Survey of Construction SOC conducted by the U S Census Bureau and partially funded by HUD A housing development can legally restrict the ages of its residents provided it conforms to one of the set ...
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Custom Home Building Annual Share
Jan 21st 2020 : According to data from the Census Bureau s Survey of Construction SOC the custom home share declined to percent of all single-family homes started in lowest since mid- Contractor-built or owner-built houses that together make up the custom home market are built one at a time for owner occupancy on owner s land with either the owner or a ...
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Share of First-Time Home Buyers Rises Significantly in the Final Quarter of 2019
Jan 21st 2020 : According to NAHB s latest Housing Trends Report the share of adults who are considering purchasing a home in the next months fell to in the final quarter of down from a year earlier This decline marks the fifth consecutive year-over-year drop in the share of American adults planning to buy a home in the year ahead ...
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Year-over-Year Decline for Construction Job Openings
Jan 17th 2020 : Data from the BLS Job Openings and Labor Turnover Survey JOLTS indicate that construction job openings posted a monthly decline in November and a substantial decrease on a year-over-year basis The estimated number of job openings declined from the October total to in November after reaching a post-Great Recession high of in April The November count of ...
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Strong Growth Rate for Housing Starts Going into 2020
Jan 17th 2020 : Total housing starts posted a percent increase in December million units compared to a upwardly revised November estimate of million units according to the joint data release from the Census Bureau and HUD Relative to December total starts are percent above the annual pace of million units a pace that will likely be revised ...
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Builder Confidence Begins Year Strong as Single-Family Growth Continues
Jan 16th 2020 : Builder confidence in the market for newly-built single-family homes edged one point lower to in January according to the latest National Association of Home Builders Wells Fargo Housing Market Index HMI The last two monthly readings mark the highest sentiment levels since July of Low interest rates and a healthy labor market combined with a need for additional inventory ...
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