Tag Archives: National Association of Home Builders

Home builders have hit a major roadblock. New data from the National Association of Home Builders showed that the biggest issue among builders is the lack of available lots to build.

New single-family home sales did something remarkable this month. Sales in this sector rose significantly month-over-month and year-over-year to reach the highest level since 2008 despite falling inventory levels.

Home builders' sentiment toward the single-family housing market has held firm over the last few months, showing slow, but continued progression in the single-family sector.

As mortgage interest rates continue to remain at historical lows and home prices stay on favorable ground, housing affordability followed these trends with an increase in the first quarter of 2016.

Regulations in the housing market are not only an added responsibility for mortgage companies, but it seems that compliance costs are spilling over into American households.

Recovery nationwide is rising at a steady pace and is inching closer to the last-observed state of normalcy in the housing market, according to data from the National Association of Home Builders.

Robert Dietz, Ph.D., Chief Economist and SVP for Economics and Housing Policy for the National Association of Home Builders sat down with MReport to provide a complete view of some of the pros and cons within the home building picture.

Unfilled jobs in the construction sector surpassed the cycle high of 177,000 unfilled positions set in May 2015 and is the highest monthly count of job openings since July 2007.

Home builders are performing well in their sector as profits trended upward for fiscal year 2014.

Confidence among home builders has been on a series of ups and downs over the last few months, showing slow, but continued progression in the single-family sector, but they are still faced with concerns about labor and lot shortages.