Category Archives: Home & Garden

June Existing Sales Slow

Existing home sales decreased 1.8 % in June, but remain 0.7% above the pace a year ago. Some 54% of homes sold last month were

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Builders Concerns of Lot Availability Unchanged from 2016

The monthly NAHB/Wells Fargo Housing Market Index (HMI) survey includes a set of “special” questions on a topic of current interest to the housing industry.

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Remodeling Market Indicator Remains in Positive Territory

The Remodeling Market Index (RMI) dropped 3 points to 55 in the second quarter of 2017, according to the National Association of Home Builders (NAHB).

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Single-Family Starts Bounce Back in June

Total housing starts bounced back in June after a weak May. Total starts increased 8.3% to a  1.215 million seasonally adjusted annual rate, according to

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Builder Confidence Slips Two Points in July, Remains Solid

Builder confidence in the market for newly-built single-family homes slipped two points to 64 in July from a downwardly revised June reading on the National

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Specialty Contractor Partnerships’ Use of Debt and Capital

Specialty contractors structured as partnerships generated aggregate net income of $4.5 billion in 2014, according to the most recent IRS data available.[1] These data are

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Prices of Softwood Lumber and OSB Decline in June

The prices of softwood lumber and OSB fell by 3.0% and 0.4%, respectively, in June according to the latest Producer Price Index (PPI) release by

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What Do Home Buyers Buy after Moving

In a prior recent post we discussed NAHB research showing how during the first year after closing on a home sale, home buyers tend to

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Open Construction Jobs Fall in May

The count of unfilled jobs in the construction sector declined in May, falling to level below that recorded a year ago. According to the BLS Job Openings

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Builders Starting to Report Shortages of Framing Lumber

For several years now, the recovery in single-family home building has been hampered by shortages of labor and lots.  Availability of building materials, meanwhile, has

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