Author Archives

• Multifamily Sector Shows Signs of Caution in the Second Quarter

  By Eric Lynch on August 18, 2022 • (0)

  

  Confidence in the market for new multifamily housing was mixed in the second quarter of 2022, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB).  The MMS produces two separate indices. The Multifamily Production Index (MPI) decreased 6 points to 42 compared to the previous quarter, dragged down largely by… Read More ›

  Tags: MMS, MOI, mpi, multifamily, multifamily market, multifamily market survey, Multifamily Occupation Index, multifamily production index, Multifamily starts, Occupancy Rates

• Remodeling Market Declines Year-over-Year

  By Eric Lynch on July 14, 2022 • (0)

  

  The NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter of 2022 posted a reading of 77, declining 10 points from the second quarter of 2021.  This is the largest year-over-year decrease since the survey was redesigned in Q1 2020. The RMI is based on a survey that asks remodelers to rate various aspects of the residential remodeling market… Read More ›

  Tags: economics, home building, housing, remodelers, remodeling, remodeling market index, RMI

• Top 10 Builder Share Reaches Highest Percentage in 2021

  By Eric Lynch on June 29, 2022 • (0)

  

  The top 10 builders captured 34.2% of new single-family home closings in 2021, the highest percentage on record based on data released by BUILDER Magazine. This share represents 264,426 closings out of the 774,000 new single-family home sales reported by the U.S. Census in 2021. Nevertheless, these closings only represent 23.5% of single-family starts, a broader measure of home building… Read More ›

  Tags: Builder Market Share, Local Leaders, Top 10 Builders, Top Builders