The National Association of Homebuilders (NAHB) in conjunction with Dodge Data & Analytics just released their 2020 Green Single Family and Multifamily Homes SmartMarket Brief – and the data had some surprises. We are still seeing steady and incremental growth in green building practices overall. Since 2014, dedicated green builders (those who do 90% of […]

Total housing starts fell 4% in July from a downwardly revised reading in June, according to a report from the U.S. Housing and Urban Development (HUD) and Commerce Department. Due to a decline in multifamily production, the seasonally adjusted annual rate of 1.19 million units is the number of housing units builders would begin if […]

Officials for Fortune Brands Home and Security (parent company to Therma-Tru Doors) released fourth-quarter results yesterday, including the company’s 2019 annual outlook. Fourth-quarter sales increased 3 percent year-over-year, with full-year sales ending 4 percent higher than 2017. Expectations for 2019 go against the flow of news in recent months regarding slower construction markets, but parallel […]

Remodelers’ average profit margins have increased since 2011, indicating they are running their businesses more efficiently as residential remodeling activity steadily improves, according to experts at a press conference hosted by the National Association of Home Builders (NAHB) Remodelers during the International Builders’ Show in Orlando. The newly-released 2017 Remodelers’ Cost of Doing Business Study […]

Fueled by a growing economy, solid employment gains and rising household formations, single-family production will continue on a gradual, upward trajectory in 2017, according to economists speaking at the National Association of Home Builders (NAHB) International Builders’ Show in Orlando, Fla. “While positive developments on the demand side will support solid growth in the single-family […]

Things are looking up for remodelers. The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a record-high result of 60 in the final quarter of 2014. A reading of 60 indicates remodelers’ confidence in the quarter-over-quarter improvement in the remodeling market. An RMI above 50 indicates that more remodelers report market activity […]