Existing-home sales improved in May and remain solidly above a year ago, while the median price continued to rise by double-digit rates from a year earlier, according to the National Association of Realtors.
Nationwide housing starts rose 6.8 percent to a seasonally adjusted annual rate of 914,000 units in May due primarily to increased production on the multifamily side, according to newly released data from HUD and the U.S. Census Bureau.
Builder confidence in the market for newly-built single-family homes hit a significant milestone in June, surging eight points to a reading of 52 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released recently.
The U.S. Green Building Council (USGBC) announced it will once again join Enterprise Community Partners (Enterprise) and the Institute for Professional and Executive Development (IPED), an affiliate of Nixon Peabody LLP, to co-host the Affordable Housing Summit at Greenbuild.
Gearing up for the return of a healthy home building and remodeling market, manufacturers and suppliers have stepped up plans for exhibit spaces for the new Design and Construction Week, when the International Builders' Show (IBS) and the Kitchen and Bath Industry Show (KBIS) join forces for a mega-exhibit in Las Vegas Feb. 4-6, 2014.
With the Southeast’s housing industry enjoying a strong recovery – including 18 improving markets in Florida according to a national index – the 35th annual Southeast Building Conference (SEBC) is experiencing a resurgence as well.
The number of U.S. housing markets on the mend rose by five to a total of 263 in June, according to the National Association of Home Builders/First American Improving Markets Index (IMI), released recently.
New-home production and remodeling contribute billions of dollars to the nation's economy each year, and with the right policies in place housing can serve as a catalyst to boost job and economic growth, the National Association of Home Builders (NAHB) told Congress recenlty.
The Multifamily Production Index (MPI), released recently by the National Association of Home Builders (NAHB), inched down two points to an index level of 52.
Realtors who practice commercial real estate have reported an increase in annual gross income for the third year in a row, signaling the market is on the road to recovery.