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Tag Archives: National Association of Home Builders

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 ...

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U.S. housing starts rise modestly to start new year

WASHINGTON — Construction of single-family homes in the U.S. cooled off slightly in January after surging in the final month last year. But a rise in permits suggests builders are growing more confident that more buyers are ready to come ...

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Bernanke: Weak housing has hurt consumer spending

WASHINGTON — Ben Bernanke said declines in home prices have forced many Americans to cut back sharply on spending and warned that the trend could continue to weigh on the U.S. economy for years. The Federal Reserve chairman drew the ...

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A poor year for home building ends on hopeful note

WASHINGTON  — Builders ended 2011 with a third straight year of dismal home construction and the worst on record for single-family home building. But improvement at the end of the year lifted hopes for an eventual recovery. In December, builders ...

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Buyer interest leaves homebuilders less gloomy

WASHINGTON — U.S. homebuilders are growing a little less pessimistic about the depressed housing market after seeing more people say they might be open to buying a home this year. The National Association of Home Builders/Wells Fargo builder sentiment index ...

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New-home sales up in November but 2011 figures dismal

WASHINGTON — Americans bought slightly more new homes in November, but 2011 will likely end up as the worst year for sales in history. The Commerce Department says new-home sales rose 1.6 percent last month to a seasonally adjusted annual ...

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Home purchases up, but earlier sales look weaker

WASHINGTON — The number of Americans who bought previously occupied homes rose last month. But the National Association of Realtors says it overstated more than 3 million sales during and after the Great Recession, showing the housing market was weaker ...

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U.S. homebuilders expressing less pessimism

WASHINGTON — Rising interest from would-be buyers is leaving U.S. homebuilders less pessimistic about the housing market. But tighter lending standards are still keeping many potential buyers from purchasing new homes. The National Association of Home Builders/Wells Fargo builder sentiment ...

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Maryland home builders expect another sluggish year in ’12

Maryland home builders expect a sluggish 2012 as joblessness and low consumer confidence have delayed a housing market recovery until at least 2013, according to experts at a forecast event held by the Home Builders Association of Maryland. “We’ve had ...

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