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Multi-Family Housing Starts up 28.5%, Single Family Starts Fall 0.9%

by devteam July 17th, 2015

The two leading indicators among measures of residential construction activity, building permits and housing starts, posted healthy gains in June the Census Bureau and Department of Urban Development said today. Both numbers came in above analyst estimates

Builder Confidence Highest Since 2005

by devteam July 17th, 2015

Builder confidence may finally be back to stay. After yo-yoing in and out of the "good" range of 50 or more for years, the National Association of Home Builders (NAHB) said on Thursday that its Housing Market Index (HMI), sponsored along with Wells Fargo

Applications Hint at Strong June New Home Sales

by devteam July 16th, 2015

Applications for mortgages to purchase newly constructed homes rose again in June and the Mortgage Bankers Association (MBA) said this bodes well for a substantial increase in the sales themselves. MBA's Builder Application Survey (BAS), conducted among

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