Items Tagged with 'market reports'

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residential construction

Builder Confidence Soars to All-Time High while Lumber Risks Remain

The previous highest reading of 78 in the 35-year history of the series was set in December 1998 and matched last month.
September 21, 2020
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Builder confidence in the market for newly built single-family homes increased five points to hit an all-time high of 83 in September, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
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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.
September 1, 2020
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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.
August 21, 2020
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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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