The NAHB/Wells Fargo Housing Market Index (HMI) rose seven points to 44, its second monthly increase in a row.
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Category: NAHB
New homes are trending smaller
The median area for a new single-family home fell to 2,191 square feet in the second quarter — the lowest recorded size since 2010.
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NAHB: Builder confidence hits 13-month high
Low inventory and high demand are buoying builder sentiment in the face of several headwinds.
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As construction surges, builders are confident once again
It’s been a groundbreaking time for new home construction — literally. The annual rate of new construction surged to 1.631 million units in May: the biggest leap in 33 years.
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Builder confidence rebounds in May on tight existing inventory
Homebuilder optimism was buoyed by continued shortages of new housing inventory, the National Association of Home Builders reported.
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The new American luxury home, according to the National Association of Home Builders
According to the NAHB, The New American Home® represents the latest in luxury real estate. It was unveiled at their recent tradeshow.
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Builder confidence rises again in March
Homebuilders expressed “cautious optimism” that the lack of existing inventory would drive demand for new homes despite high construction costs and interest rates, the National Association of Home Builders reported.
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Builder confidence jumps in February
Builder confidence rose for the second consecutive month in February with a seven-point increase that brought it to its highest level since last September, the National Association of Home Builders said.
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Single-family starts, builder confidence rise
The increase in builder confidence breaks a string of 12 straight monthly declines in the NAHB/Wells Fargo Housing Market Index.
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National Association of Home Builders Chief Economist Robert Dietz on the state of new construction
A wave of homebuilding is expected to start up in 2024 and run through the end of the decade, according to the NAHB.
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