Category Archives: Home & Garden

FHA-Backed Loans Accounted For The Majority Of All Non-Conventional Financing In 2017

NAHB analysis of the 2017 Census Bureau Survey of Construction (SOC) data shows that, nationwide, the share of non-conventional financing in 2017 accounted for less

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Half of US Homes Built before 1980

The median age of owner-occupied homes is 37 years, according to the latest data from the 2016 American Community Survey. Compared to a median age

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Personal Income Increased 0.4% in May

The most recent data release from the Bureau of Economic Analysis (BEA) showed that Personal income climbed 0.4% in May after a 0.2% increase in

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More States See Job Gains in May

According to the Bureau of Labor Statistics, nonfarm payroll employment increased in 43 states and the District of Columbia, and decreased in seven states in

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Consumers’ Expectations Eased in June

The Conference Board’s Consumer Confidence Index decreased in June, following an increase in May. The June decline in the Consumer Confidence Index was driven mainly

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Pending Home Sales Continue Slide in May

The Pending Home Sales Index decreased 0.5% in May, and remains 2.2 % below the level one year ago, having declined on an annualized basis

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Western States Lead Single-family Residential Permits Growth

Over the first four months of 2018, the total number of single-family permits issued nationwide reached 279,302. On a year-over-year basis, this is an 8.4%

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Builders Say Lumber Prices Are Hurting Affordability

In a recent NAHB survey, over 40 percent of builders said construction costs in general are causing home buyers to hold back from purchasing a

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Number of Builders Reporting a Shortage of Framing Lumber Surges

Shortages of framing lumber are now more widespread than at any time since NAHB began tracking the issue in a consistent way in 1994, according to results

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Housing Starts Reach Post-Recession High in May as Permits Soften

Total housing starts increased in May with gains in both the single-family and multifamily sectors. Starts increased 5% month-over-month to a 1.35 million seasonally adjusted

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