NAHB Announcements

  • Permits Grow Across Most States Over 2017

    Over the twelve months ending in December 2017, the total number of single-family permits issued nationwide reached 817,319. This is 9.6% ahead of its level over the first twelve months of 2016, 745,525. The results from the SOC are similar, single-family permits over the first twelve months of […]

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  • Multifamily Built-for-Rent Share Remains Elevated

    The market share of rental multifamily construction starts ticked back up to an elevated level of 95% in the fourth quarter of 2017, according to NAHB analysis of Census data. In contrast, the historical low share of 47% was set during the third quarter of 2005, during the condo building […]

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  • Existing Sales Fall 3.2 Percent in January

    Existing-home sales decreased 3.2% in January, and the first-time buyer share slipped to 29% from 32% last month. The National Association of Realtors reported that 43% of homes sold last month were on the market less than a month. The January inventory actually increased 4.1%, but is 9.5% below […]

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  • Apartment and Condominium Market Ends Fourth Quarter on a Positive Note

    The Multifamily Production Index (MPI) gained seven points to 53 in the fourth quarter of 2017, according to the National Association of Home Builders (NAHB) (Figure 1). The MPI measures builder and developer sentiment about current conditions in the apartment and condominium market on a scale of 0 […]

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  • Small Gains for Single-Family Built-for-Rent Construction

    The number of single-family homes built-for-rent increased during 2017. Over the year, construction starts of this type of housing totalled 36,000 homes, compared to 34,000 for 2016. There were 11,000 starts during the final quarter of 2017. According to data from the Census […]

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