Posts Tagged ‘ Home Building Geography Index (HBGI) ’

NAHB: Shift in Single-Family Home Building Toward Smaller Markets Continues

Sep 8th, 2022

The National Association of Homebuilders (NAHB) reports that new findings from its Home Building Geography Index (HBGI) show a shift in home building activity over the past 30 months. Factors in those changes include: notable slowing in large, metro urban areas as a result of initial COVID migration effects, followed by declines in housing affordability […]

Suburban Shift for Home Construction Continues into Third Quarter

Dec 2nd, 2020

The increased demand for housing in lower-density areas that was reported in the second quarter National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) continued into the fall, with single-family and multifamily construction in the suburbs and “exurbs” still outpacing other areas. The third quarter HBGI shows that the suburban shift for consumer […]

HBGI Shows Suburban Housing Shift

Sep 2nd, 2020

The second quarter National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) shows the COVID-19 pandemic has prompted a suburban shift for consumer home buying preferences. “The increasing demand for construction in more suburban neighborhoods is being driven in large part by the coronavirus outbreak,” said NAHB chairman Chuck Fowke, a custom home […]

Research Shows Smaller Housing Markets Could Be Key

Jun 23rd, 2020

COVID-19 has changed the way many door and window companies operate, leaving some to follow housing trends associated with the pandemic. Meanwhile, research indicates that COVID-19 is likely to hasten housing trends already underway in residential construction—including a rapid expansion of low-density markets, such as smaller cities and rural areas, making them key areas for […]

COVID-19 Likely to Add Momentum to Home Building in Smaller Markets

Jun 2nd, 2020

The latest quarterly National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) shows: the COVID-19 pandemic is likely to hasten a housing trend already taking place across the nation–residential construction activity that is expanding at a more rapid rate in lower density markets such as smaller cities and rural areas. Multifamily development is […]