Please ensure Javascript is enabled for purposes of website accessibility

National Association of Home Builders

Dec 17, 2013

Homebuilders feel more confident in December

U.S. homebuilders’ confidence bounced back strongly this month, a sign that construction and industry hiring may pick up in coming months. The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday climbed to 58. That was up from 54 in November and matched an eight-year high reached in August. Readings above 50 indicate […]

Aug 15, 2013

Average rate on 30-year U.S. mortgage stays 4.4 pct.

WASHINGTON — Average rates on U.S. long-term fixed mortgages remained steady for a second straight week, giving prospective home buyers more time to lock in historically low levels. Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year loan remained unchanged at 4.4 percent this week. That is a full percentage point […]

Jul 24, 2013

New-home sales jump to highest level in 5 years

WASHINGTON — Americans snapped up new homes in June at the fastest pace in five years, a sign the housing recovery is strengthening. Sales of newly built homes rose 8.3 percent last month to a seasonally adjusted annual rate of 497,000, the Commerce Department said Wednesday. That’s the highest since May 2008 and up from […]

Mar 18, 2013

Builder confidence falls on weak supply, labor

Confidence among U.S. homebuilders fell this month because of concerns that increased demand for new homes is exceeding supplies of ready-to-build land, building materials and workers. In the short term, those constraints could slow sales. But builders’ outlook for sales over the next six months has reached its strongest point in more than six years. […]

Feb 19, 2013

Homebuilder confidence dips from a 6½ year high

LOS ANGELES — Confidence among U.S. homebuilders slipped this month from the 6½ year high it reached in January, with many builders reporting less traffic by prospective customers before the critical spring home-buying season. The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday dipped to 46 from 47 in January. It was […]

Sep 19, 2012

Home sales jump to highest since May 2010

WASHINGTON — A jump in sales of previously occupied homes and further gains in home construction suggest the U.S. housing recovery is gaining momentum. Sales of previously occupied homes rose 7.8 percent in August from July to a seasonally adjusted annual rate of 4.82 million, the National Association of Realtors said Wednesday. That’s the highest […]

Jul 18, 2012

Home construction in slow but steady comeback

WASHINGTON — Home construction is making a long-awaited recovery that could help energize the U.S. economy. From areas like Phoenix that are finally arising from the housing bust to cities like Chicago and Minneapolis where strong economies have lifted demand, residential construction is healthier than at any time since sales and prices collapsed five years […]

Jun 25, 2012

U.S. new-home sales rose at fastest pace in 2 years

WASHINGTON — Americans bought new homes in May at the fastest pace in more than two years. The increase suggests a modest recovery in the housing market continues, despite weaker job growth. The Commerce Department said Monday that sales of new homes increased 7.6 percent in May from April to a seasonally adjusted annual rate […]

Jun 18, 2012

US builder confidence ticks up to 5-year high

WASHINGTON (AP) — Confidence among U.S. builders ticked up this month to a five-year high, an indication that the housing market is slowly improving. The National Association of Home Builders/Wells Fargo builder sentiment index rose in June to 29, the highest reading since May 2007. It increased from a reading of 28 last month, which […]

May 16, 2012

Numbers suggest housing market is recovering

WASHINGTON — U.S. builders started work on more homes and apartments last month and requested more permits to build single-family homes. The increases suggest the battered housing market is healing. The Commerce Department said Wednesday that builders broke ground in April at a seasonally adjusted annual pace of 717,000 homes. That’s a 2.6 percent increase […]

Apr 17, 2012

Home building slows, permits hit three-and-a-half-year high

WASHINGTON — U.S. builders requested the most permits in March for single-family homes and apartments in 3½ years, suggesting that many expect the housing market to improve over the next year. The Commerce Department said Tuesday that permits, a gauge of future construction, rose 4.5 percent to a seasonally adjusted annual rate of 747,000 in March. […]

Mar 19, 2012

Home builders optimistic about future

WASHINGTON — Homebuilders’ feelings about the current housing market haven’t changed from February. But many are growing more optimistic that sales could pick up in the coming months. The National Association of Home Builders/Wells Fargo said Monday that its builder sentiment index stayed at 28, the highest level since June 2007. The flat reading followed […]

Networking Calendar

Submit an entry for the business calendar