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.

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.

In a further sign that the housing market is rebounding from the COVID-19 pandemic, sales of newly built, single-family homes rose 16.6 percent to a seasonally adjusted annual rate of 676,000 units in May from a downwardly revised reading in April.

In a sign that the housing market continues to show forward momentum, single-family permits posted an 11.9 percent gain in May, while total housing starts increased 4.3 percent to a seasonally adjusted annual rate of 974,000 units.

In a sign that housing stands poised to lead a post-pandemic economic recovery, builder confidence in the market for newly-built single-family homes jumped 21 points to 58 in June.