Author: Eye On Housing

  1. Total Housing Starts Near Post-Recession High

    Total housing starts increased in January, led by strong gains for multifamily development. Starts jumped 9.7% to a 1.33 million seasonally adjusted annual rate, according to the joint data release from the Census Bureau and HUD. The pace of single-fam…

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  2. Double-Digit Decline in OSB Prices from December to January

    Prices paid for softwood lumber (+1.0%), ready-mix concrete (+0.5%), and inputs to residential construction less labor (+1.1%) all increased in January, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. The i…

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  3. Builder Confidence Stays at Strong Level in February

    Builder confidence in the market for newly-built single-family homes remained unchanged at a healthy level of 72 in February on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Demand conditions are positive, but supply…

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  4. Inflation Steady with Growth in January

    The Bureau of Labor Statistics reported that a measure of inflation, its Consumer Price Index – Urban Consumer (CPI), rose by 2.1 percent over the past 12 months, similar to the 12-month rate of growth recorded in December. Meanwhile, core inflation, w…

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  5. Fourth Quarter Gains in Homeownership by Race and Ethnicity

    As described in a previous post, a recent release from the Census Bureau’s Housing Vacancy and Homeownership (CPS/HVS) survey shows that the US homeownership rate increased to 64.2 percent in the fourth quarter of 2017. In addition to this overall resu…

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  6. Most Buyers Actively Trying to Get a Home Have Been Searching for 3 Months+

    NAHB regularly conducts national polls of American adults and home buyers in order to understand new trends and preferences in the housing market. This is the third in a series of posts highlighting poll results, as presented during the 2018 Internatio…

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  7. Employment Rose in Most States in December 2017

    According to the Bureau of Labor Statistics, nonfarm payroll employment increased in 33 states and the District of Columbia, unchanged in two states, and decreased in 15 states in December 2017 compared to November 2017. Year-over-year, 49 states incre…

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  8. Single-family Builders Score High on Energy Efficiency

    Last week’s post showed that about one-fourth of the typical homes built by a sample of 246 single-family builders in 2016 had enough green features to quality for a bronze rating under the 2015 National Green Building Standard™ (NGBS). A major reason …

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  9. Driverless Cars Have Potential Market

    NAHB regularly conducts national polls of American adults and home buyers in order to understand new trends and preferences in the housing market. This is the second in a series of posts highlighting poll results, as presented during the 2018 Internati…

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  10. Households Age 55+: Worth $62 Trillion

    Households age 55 or older earn about half of all household income in the U.S., but hold over two-thirds of the residential equity and other household wealth, according to the most recent (2016) Survey of Consumer Finances (SCF). The SCF is conducted e…

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