Eye On Housing
Following the Great Recession, the National Association of Home Builders created the Leading Market Index (LMI) to track the recovery of the housing market based on three factors: employment, house price indices, and housing construction. As the recovery transitioned into a period in which supply-side elements (land, labor, lumber, lending and laws) were limiting factors and housing affordability declined, the… Read More ›
NAHB recently released new county estimates of remodeling in owner-occupied homes to members of NAHB Remodelers. The estimates are based on a model developed by NAHB using the American Housing Survey (HUD/U.S. Census Bureau) with county-level inputs from the Census Bureau’s American Community Survey. The inputs are based on data collected from 2006 to 2010, so the resulting estimates are for remodeling by home owners during… Read More ›