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National Association of Home Builders (NAHB)

Multifamily Production Index Gains Five Points

Apartment Pic/Credit: Stockbyte

The Multifamily Production Index (MPI) recently released by the National Association of Home Builders (NAHB), posted a gain of five points to a reading of 58 for the second quarter. It is the 10th straight quarter with a reading of 50 or above.Click to continue

Reverse Mortgage Funding Announced As First Sponsor At NAHB Leadership Circle

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Reverse Mortgage Funding (RMF) announced it is the first-ever corporate sponsor of the National Association of Home Builders’ (NAHB) 50+ Housing Council Leadership Circle, further strengthening its ties to the senior housing market. The NAHB’s 50+ Housing Council Leadership Circle comprises the nation’s most active and influential senior housing builders.Click to continue

Newly-Built Home Sales Dip Nearly 2.5 Percent in July

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Sales of newly built, single-family homes fell 2.4 percent to a seasonally adjusted annual rate of 412,000 units in July, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Sales numbers for June were revised up 16,000 to 422,000.Click to continue

Housing Starts Up Over 15 Percent in July

House Keys/Credit: Digital Vision

Fueled by strong single and multifamily growth, nationwide housing starts rose 15.7 percent to a seasonally adjusted annual rate of 1.093 million units in July, the highest level since November 2013, 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 Recovery Seen as Slow and Steady

House Sale/Copyright: Getty Images/Credit: Jupiterimages

Markets in 56 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). This represents a year-over-year net gain of seven markets.Click to continue

Builder Confidence Up in the 55 and Over Market

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Builder confidence in the single-family 55+ housing market for the second quarter is up year over year, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) released today. Compared to the second quarter of 2013, the single-family index increased three points to a level of 56, which is the highest second-quarter reading since the inception of the index in 2008 and the 11th consecutive quarter of year over year improvements.Click to continue