Monthly Archives: May 2013

After pausing at the start of 2013, homebuilding’s recovery resumed in the month of February. Compared to January, construction starts increased incrementally and permits authorizing future construction notched a solid increase. Compared to a year ago, starts and permits were … Continue reading →

Review of Last Week RECORD-BREAKING… Friday, new records were set for the Dow and S&P 500 stock indexes, as Wall Street went giddy over a better than expected (though still mediocre) April Employment Report. The Dow passed 15,000 during the day … Continue reading →

Both taking opportunities and making them have driven the housing market recovery to new accomplishments. For Q1 this year, existing home sales were at their highest level since Q4 of 2009 and new homes sales were the highest since Q3 … Continue reading →

The nation’s growth “is finally being driven by housing again,” proclaimed David Crowe, NAHB’s chief economist, during the association’s Construction Forecast Webinar on Wednesday. Home prices have been rising, partly the result of tightening inventory of completed new homes, which in turn … Continue reading →