Home Builders News

Large Builder Share Edges Upward in Major Markets

NAHB’s analysis of information published in Builder Magazine shows that, although major markets became slightly less concentrated overall, large builders tended to gain market share. Every year, Builder Magazine lists the top local home builders, measured by total closings, in the country’s 50 largest markets.  For each of them, NAHB calculates four summary measures.  The first is a basic four-firm concentration ratio... Read More ›

Consumer Confidence Sheds Some Light on New Home Sales

The Conference Board recently reported that the Consumer Confidence Index declined slightly in September. The present situation index declined by 1.5% from 148.4 to 146.1, while the expectations index rose by 0.5% from 101.7 to 102.2. As a result, the Consumer Confidence Index decreased by 0.5% to 119.8 in September on a seasonally adjusted basis, from 120.4 last month. The... Read More ›

Share of New Homes with Porches Back Over 65 Percent

Of the roughly 780,000 single-family homes started in 2016, 65.1 percent included porches, according to NAHB tabulation of data from the Survey of Construction (SOC).  The SOC is conducted on an ongoing basis by the U.S. Census Bureau with partial funding from the Department of Housing and Urban Development. Among other things, the SOC shows that, over the period when single-family starts were... Read More ›

Hurricanes Impact Job Numbers in September

According to the Employment Situation for September 2017, reported by the Bureau of Labor Statistics (BLS), total nonfarm payroll employment decreased by 33,000 in September. According to the BLS, “A sharp employment decline in food services and drinking places and below-trend growth in some other industries likely reflected the impact of Hurricanes Irma and Harvey.” Employment growth has averaged 148,000... Read More ›

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