H.R.5078, the Waters of the United States Regulatory Overreach Protection Act, passed Sept. 9 by a vote of 262 yeas to 152 nays, with more than 30 Democrats supporting the bill. The bill would force the U.S. Environmental Protection Agency and Army Corps of Engineers to withdraw the proposed rule expanding jurisdiction over Waters of the United States, and require…
Read MoreTag: National Association of Home Builders
Housing Starts Dip in July
Sales of newly built, single-family homes fell 2.4 percent to a seasonally adjusted annual rate of 412,000 units in July, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Sales numbers for June were revised up 16,000 to 422,000.
Read MoreBuilder Confidence Rises Two Points in August
Builder confidence in the market for newly built, single-family homes rose two points to 55 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for August. This third consecutive monthly gain brings the index to its highest level since January.
Read MoreHousing Markets Still Heating Up
Markets in 56 of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home Builders/First American Leading Markets Index (LMI). This represents a year-over-year net gain of seven markets. The index’s nationwide score moved up slightly to .89, meaning that based on current permit,…
Read MoreGreen Building a Key Trend in Economic Growth
By Mark S. Kuhar Residential construction is a key engine behind economic growth in the United States. According to McGraw Hill Construction’s Dodge Construction Market Forecast, single and multifamily housing projects account for about 45 percent of the value of all construction projects started in the United States in 2014. With that market forecast to grow rapidly in coming years,…
Read MoreHousing Market Inching Back to Normal
Of the approximately 350 metro markets nationwide, 56 returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home Builders/First American Leading Markets Index (LMI), released today. This represents a net gain of nine metros year over year. The index’s nationwide score of .88 held steady from the previous month. This…
Read MoreNew Home Sales Rise Again
Sales of newly built, single-family homes rose 6.4 percent to a seasonally adjusted annual rate of 433,000 units in April, according to newly released data from HUD and the U.S. Census Bureau. The gain builds on an upward revision of sales numbers reported for the previous month. “Builders are gradually increasing sales, but tight credit conditions, particularly for first-time home…
Read MoreMultifamily Surge Propels Housing Starts
Soaring production of multifamily apartments pushed nationwide housing starts above the million-unit mark in April, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Read MoreHealthy Housing Industry Spurs Job Growth
The health of housing is key for the overall state of the U.S. economy and housing stands poised to serve as an engine of job growth with the right policies in place, the National Association of Home Builders (NAHB) told Congress.
Read MoreFirst Look – May 2014
Martin Marietta’s First QuarterMartin Marietta Materials reported first-quarter aggregates production volume up 8 percent.
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