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  • Remodelers’ Confidence Holds Steady in Second Quarter July 18, 2019
    The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 55 in the second quarter of 2019, rising one point from the previous quarter. The RMI has been consistently above 50—indicating that more remodelers report market activity is higher compared to the prior quarter than report it is lower—since the […]
  • Single-Family Starts Increase in June July 17, 2019
    Single-family gains helped offset a drop in multifamily production as total housing starts edged 0.9 percent lower in June to a seasonally adjusted annual rate of 1.25 million units, according to a report from the U.S. Housing and Urban Development and Commerce Department. The June reading of 1.25 million starts is the number of housing […]
  • Statement from NAHB Chairman Greg Ugalde on Shaheen-Portman Energy Bill July 17, 2019
    Greg Ugalde, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Torrington, Conn., issued the following statement on energy legislation introduced by Sens. Jeanne Shaheen (D-N.H.) and Rob Portman (R-Ohio): “NAHB supports efforts to promote energy efficiency but believes the Energy Savings and Industrial Competitiveness Act introduced by […]
  • Builder Confidence Holds Firm in July July 16, 2019
    Builder confidence in the market for newly-built single-family homes rose one point to 65 in July, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. This marks the sixth consecutive month that sentiment levels have held at a steady range in the low- to mid-60s. “Builders report solid […]
  • New Home Sales Decline in May June 25, 2019
    Sales of newly built, single-family homes fell 7.8 percent to a seasonally adjusted annual rate of 626,000 units in May, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. On a year-to-date basis however, new home sales for 2019 are 4 percent higher than the […]