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National Association of Home Builders (NAHB)

Sales of Newly-Built Homes Drop Nearly 15 Percent Last Month

For Sale Sign/Copyright: Getty Images/Credit: Hemera Technologies

Sales of newly built, single-family homes fell 14.5 percent to a seasonally adjusted annual rate of 384,000 units in March, according to data released by the U.S. Department of Housing & Urban Development (HUD) and the U.S. Census Bureau.Click to continue

NAHB: Housing Starts Up Nearly Three Percent in March

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Led by a six percent rise in single-family starts, nationwide housing production rose 2.8 percent above an upwardly revised February rate of 920,000 to a seasonally adjusted annual rate of 946,000 units in March, according to newly released figures from the U.S. Department of Housing & Urban Development (HUD) and the U.S. Census Bureau.Click to continue

Builder Confidence Remains Flat for Third Consecutive Month

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Builder confidence in the market for newly built, single-family homes rose one point to 47 in April, from a downwardly revised March reading of 46 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). "Builder confidence has been in a holding pattern the past three months," said NAHB Chairman Kevin Kelly, a home builder and developer from Wilmington, Del.Click to continue

JPMorgan Chase and Wells Fargo Take Q1 Hits on Drops in Mortgage Production

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On Friday, two of the Big Four banks have unveiled their quarterly earnings reports. Overall, the first quarter seems to have had a noticeable ding on JPMorgan Chase and Wells Fargo’s mortgage production, with both companies posting significant losses in both areas.Click to continue

Metro Markets Show Strong Housing Gains in March

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Of the approximately 350 metro markets nationwide, 59 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). This represents a net gain of eleven metros year over year. The Index's nationwide score ticked up to 0.88 from a March reading of 0.87.Click to continue

February Winter Weather Drops Sales of Newly-Built Homes

For Sale Sign in the Snow

Sales of newly built, single-family homes fell 3.3 percent to a seasonally adjusted annual rate of 440,000 units in February, according to newly released figures from the U.S. Department of Housing & Urban Development (HUD) and the U.S. Census Bureau.Click to continue

Housing Starts Plateau in February

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Nationwide housing starts were virtually unchanged in February, inching down 0.2 percent to a seasonally adjusted annual rate of 907,000 units, according to newly released data from the U.S. Department of Housing and Urban Development and U.S. Census Bureau.Click to continue

Homebuilder Confidence Rises Slightly in March

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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). "The March HMI mirrors last month's sentiment, as builders continued to be affected by poor weather and difficulties in finding lots and labor," said NAHB Chairman Kevin Kelly, a home builder and developer from Wilmington, Del.Click to continue

NAHB Kicks Off Nationwide Homeownership Drive

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Meetings began this morning in hundreds of conference rooms, jobsites and legislative offices all over the country, as members of the National Association of Home Builders (NAHB) hold a week-long legislative event to underscore the importance of maintaining the American Dream of homeownership.

"Because so many members of Congress have returned home for district visits this week, it's a great opportunity to sit down and talk to them about home building's importance to our continued economic recovery," said NAHB Chairman Kevin Kelly, a builder and developer from Wilmington, Del.Click to continue

Senate Passes Flood Insurance Measure

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Industry trade groups have jointly applauded the Senate for approving flood insurance legislation that will provide much-needed certainty to homeowners and financial stability for the National Flood Insurance Program (NFIP). HR 3370, the Homeowner Flood Insurance Affordability Act, was approved by the House earlier this month and is expected to be signed into law shortly by President Obama.Click to continue