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Data News

Housing Production Shows Solid Start to 2020

Total housing starts decreased 3.6 percent in January from an upwardly revised December reading to a seasonally adjusted annual rate of 1.57 million units, according to a report from the U.S. Housing and Urban Development and Commerce Department. Meanwhile, overall permits surged to a 13-year high.

Strong Demand Boosts Builder Confidence Despite Supply Chain Disruptions

Builder sentiment in the market for newly built single-family homes moved four points higher to 80 in October, according to the National Association of Home Builders /Wells Fargo Housing Market Index. 

Remodeling Industry Confidence Improves Year over Year

The National Association of Home Builders released its NAHB/Royal Building Products Remodeling Market Index for the third quarter, posting a reading of 87, up five points from the third quarter of 2020. The finding is a signal of residential remodelers' confidence in their markets, for projects of…

Number of HERS-Rated Homes Grows in First Three Quarters of 2021

In the first six months of 2021, there were 150,894 homes rated and entered into the RESNET registry. This compares with the 145,961 homes that were rated during the same period in 2020.

HIRI Predicts Overall Home Improvement Product Sales to Continue Growth into 2025

The total market will grow by an additional 2.9 percent from 2023 through 2025, with the consumer market growing by 2.3 percent and the professional market growing by 4.6 percent.

FGIA Releases Update to 2020/2021 Market Studies

Updated report offers adjusted forecast of fenestration industry trends. The changes to forecasts since April have been relatively modest, with positive changes in the residential market as both new housing activity and renovation activity have strengthened.

New Home Sales Edge Higher in August

Sales of newly built, single-family homes in August rose 1.5 percent to a 740,000 seasonally adjusted annual rate from an upwardly revised reading in July, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

Single-family Construction Normalizing Even as Starts Edge Lower in August

Single-family starts decreased 2.8 percent to a 1.08 million seasonally adjusted annual rate, but are up 23.8 percent year-to-date. The multifamily sector, which includes apartment buildings and condos, increased 20.6 percent to a 539,000 pace.

U.S. Remodeler Index Pushes Higher; Double-digit Revenue Growth Expected

Sentiment among remodeling professionals pushed to even higher levels in the second quarter of 2021, according to the third release of the U.S. Remodeler Index. The index, which surveys remodelers in three vertical markets in all 50 states, registered a confidence level of 75.3, up from a very…