A report from Wells Fargo and the National Association of Home Builders suggests the housing market was little changed from March to April, with their headline index coming in once again at a reading of 20, in line with the consensus. In March and February the index was also at 20. The present housing...
The National Association of Home Builders ( NAHB ) has called on Congress to quickly enact a second round of economic stimulus programs directed at the housing industry. Speaking for the Association, which represents more than 235,000 members involved in all aspects of home building and remodeling, Chief...
Housing starts in August hit the lowest level on an annualized basis since July 1995. The U.S. Census Bureau and the U.S. Department of Housing and Urban Development released a joint report on Wednesday showing that privately owned housing starts in August were at a seasonally adjusted annual rate of...
Builders pulled residential construction permits at a seasonally adjusted annual rate of 1,429,000 units in April. This was an 8.9 percent decline from the seasonally adjusted March rate of 1,569,000 and is down 28.1 percent from the revised April 2006 rate of 1,987,000 according to the monthly report...
The housing market threw the world another curve on Thursday. After five straight months of declining sales of existing homes, a sixth dreary month was pretty generally expected. Instead the National Association of Realtors announced that February sales of previously-owned homes had jumped 5.2 percent...