Builder confidence in the market for newly-built, single-family homes grew 1 point to 47 on the National Association of Home Builders/Wells Fargo Housing Market Index.
Builder confidence in the market for newly-built, single-family homes rose one point to 47 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Markets in 59 out of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home Builders/First American Leading Markets Index (LMI).
Severe weather is largely to blame for a 16% drop in housing starts in January, as well as a 10-point decline in builder confidence in February, according to the National Association of Home Builders (NAHB).
The National Association of Home Builders’ (NAHB) Multifamily Production Index (MPI) indicated a slight decline as the index decreased four points to 50 in the fourth quarter of 2013.
The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), showed a slight weakening as the index declined four points to 50 in the fourth quarter of 2013.
Sales of newly built, single-family homes rose 9.6 percent to a seasonally adjusted annual rate of 468,000 units in January from an upwardly revised pace of 427,000 units in the previous month, according to data released today by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
The 2014 Kitchen and Bath Industry Show grew nearly 145%, drawing 31,000, following dismal attendance in New Orleans last year. Event planners say the 2015 edition, now part of Design & Construction Week, will be even bigger.