Builder confidence in the single-family 55+ housing market bounced back in the second quarter, jumping 27 points to 65.

In a sign that the housing market is leading the economy during the coronavirus outbreak, sales of newly built, single-family homes rose to their highest level since the Great Recession.

Led by solid single-family production, total housing starts increased 17.3 percent in June to a seasonally adjusted annual rate of 1.19 million units.

The National Association of Home Builders released its Remodeling Market Index in the second quarter of 2020, posting a reading of 73.

Expenditures for improvements and repairs to owner-occupied homes are expected to slow by the middle of next year as the COVID-19 pandemic continues to unfold.

In a strong signal that the housing market is ready to lead a post-COVID economic recovery, builder confidence in the market for newly-built single-family homes jumped 14 points to 72 in July.

The National Association of Home Builders and the National Association of Realtors launched a new joint initiative, Home Performance Counts, designed to help consumers better understand the rapidly growing high-performance home marketplace - homes that prioritize comfort, durability, wellness and affordability.

In an effort to meet the growing demand for local market data and analysis in the home building industry, the National Association of Home Builders and Hanley Wood/Meyers Research announced the future rollout of a new home building data platform available to NAHB's 140,000 members and powered by Zonda.

Houzz Inc. announced new virtual meeting and visualization tools that help design and construction professionals move projects forward, faster and more safely.