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National Association of Home Builders’ Convention
The data looks very good for all types of US housing starts in 2014 and beyond, according to economists from the National Association of Home Builders (NAHB) Wednesday. The association is forecasting 1.15 million total housing starts in 2014, up 24.5 per cent from last year’s total of 928,000 units. Single-family production is projected to…
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US Builder Confidence : October 2013
The National Association of Home Builders/Wells Fargo housing-market index fell to 55 in October, from 57 in September, the NAHB reported Wednesday. A prior September estimate pegged the level at 58, which matched the highest reading since 2005. Results above 50 signal that builders, generally, are optimistic about sales trends. “Interest rates remain near historic…
