New home sales at highest pace since September 2006

In another indicator that housing continues to lead the economy forward, sales of newly built, single-family homes in August topped the 1 million mark and reached their highest pace since September 2006.
By National Association of Home Builders

Townhouse, single-family starts forecast to grow: NAHB

BOSTON – Despite concerns about the condition of the economy, there are still many positive factors affecting housing expansion. A presentation by Robert Dietz of the National Association of Home Builders on housing trends, demographics, construction metrics, inventory and forecasts focused on positive and negative factors affecting housing growth. A few takeaways from that presentation at the Wood Machinery Manufacturers of America meeting in Boston: --The new townhouse market is expanding, and Dietz sees this as a real growth market.

Thousands flock to KBIS, IBS shows

The halls were often jam-packed at the co-located Kitchen & Bath Industry Show/International Builders' Show, as more than 100,000 cabinetry- and construction-related professionals streamed through to see the more than 2,000 displays by exhibitors.