Articles Tagged with ''market reports''

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Housing Production Increases Almost 23% in July

Single-family starts increased 8.2% to a 940,000 seasonally adjusted annual rate, while the multi-family sector jumped 58.4% to a 556,000 pace.
Single- and multi-family housing starts each posted solid gains in July, with total housing production up 22.6% to a seasonally adjusted annual rate of 1.5 million units.
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residential construction

Builder Confidence Matches All-Time High on Record Traffic

The Housing Market Index now stands at its highest reading in the 35-year history of the series, matching the record that was set in December 1998.
Builder confidence in the market for newly built single-family homes increased six points to 78 in August, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
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bathroom

Remodeling Industry Sees Optimism Despite COVID-19

In the 2020 second quarter, all components and subcomponents of the Remodeling Market Index were well above 50.
The National Association of Home Builders (NAHB) recently released its Remodeling Market Index (RMI) for the second quarter of 2020.
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residential construction

Builder Confidence Rallies to Pre-Pandemic Level in July

The National Association of Home Builders/Wells Fargo Housing Market Index now stands at the solid pre-pandemic reading in March, before the outbreak affected much of the nation.
Builder confidence in the market for newly built single-family homes jumped 14 points to 72 in July, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index.
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New Home Sales Jump in May as Housing Rebound Continues

The May 2020 rate is 12.7% higher than the May 2019 pace.

In a further sign that the housing market is rebounding from the COVID-19 pandemic, sales of newly built, single-family homes rose 16.6% to a seasonally adjusted annual rate of 676,000 units in May from a downwardly revised reading in April.


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