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Home » housing market

Articles Tagged with ''housing market''

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NAHB Reports New Home Sales Weaken in October

FLOOR Trends & Installation Editors
November 27, 2023
No Comments

Elevated mortgage rates that averaged 7.62% in October per Freddie Mac, the highest rate since 2000, depressed buyer demand and pushed down new home sales in October.


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Houzz 4Q 2023 A&D Renovation Backlog.jpg

Houzz: Design and Construction Professionals Forecast Mixed 4Q

FLOOR Trends & Installation Editors
October 30, 2023
No Comments

The findings were reported in the Q4 2023 Houzz U.S. Renovation Barometer, which racks residential renovation market expectations, project backlogs and recent activity among businesses in the U.S. construction sector and the architectural and design services sector.


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Lack of Resales Boost New Home Sales in September

FLOOR Trends & Installation Editors
October 26, 2023
No Comments

Despite mortgage rates that are at a 23-year high, new home sales posted a double-digit percentage gain in September because of a lack of inventory in the resale market.


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National Association of Home Builders Reports Single-Family Starts Post Unexpected Gain in September

FLOOR Trends & Installation Editors
October 19, 2023
No Comments

Despite elevated mortgage rates averaging above 7%, single-family starts posted a solid gain in September as more buyers are turning to new homes because of a dearth of inventory in the resale market.


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NAHB Multi-Family Housing.jpg

Multifamily Developer Confidence Rated 'Good' for Second Quarter

August 18, 2023
No Comments

Confidence in the market for new multifamily housing was in positive territory for the second quarter, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB).


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Home Builder.jpg

Builder Confidence Falls Amid Rising Interest Rates

August 16, 2023
No Comments

Rising mortgage rates and high construction costs stemming from a dearth of construction workers, a lack of buildable lots and ongoing shortages of distribution transformers put a chill on builder sentiment in August. 


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New Home Sales Cool in June on Higher Mortgage Rates

July 28, 2023
No Comments

Rising mortgage rates in June, coupled with elevated construction costs and supply chain issues for electrical transformers, acted as headwinds on the new home sales market.


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NAHB Builder Sentiment

Home Builder Confidence Improves

June 20, 2023
No Comments

Builders are feeling cautiously optimistic about market conditions given low levels of existing home inventory and ongoing gradual improvements for supply chains.


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NAHB Debuts New Index for Multifamily Activity

May 18, 2023
No Comments

The National Association of Home Builders (NAHB) redesigned its Multifamily Market Survey (MMS) in the first quarter of 2023 to make it easier to interpret and more similar to the NAHB/Wells Fargo Housing Market Index for single-family housing.


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Single-Family Starts Show Gradual Improvement in April

May 17, 2023
No Comments

A lack of existing inventory and stabilizing mortgage rates helped push single-family production up to the highest rate thus far in 2023 even as builders continue to deal with high construction costs, persistent labor shortages and tightening credit conditions for construction loans.  


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