News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
Brad Hunter / Metrostudy / June 16, 2015
June 16, 2015 – The government’s June report on housing starts showed an 11.1% decline, but that was on the heels of an incredibly strong report the previous month.
We at Metrostudy have just completed another complete count of builder activity and new-home supply in markets all around the nation, and it provides strong quantitative evidence that the demand for new homes is still recovering, albeit slowly. Furthermore, builders in most markets are confident that this slow-motion rebound will continue. That is why builder confidence has improved and lot development is up 21.5% comparedRead More
Brad Hunter / BUILDER / May 19, 2015Read More
Brad Hunter / Metrostudy / March 24, 2015Read More
Brad Hunter / BUILDER / February 12, 2015
Predictions for the 2015 new home market largely focus on high hopes for entry-level buyers. The problem here is that entry-level buyers, first-time buyers, and millennials are often thought of as similar or the same. While the average household age of the new home buyer is getting slightly younger, and more millennials are expected to show up in the marketplace this year, there are important distinctions between these three groups of buyers. Who will really lead market improvement in 2015?Read More
Brad Hunter / BUILDER / February 2, 2015
Metrostudy has just completed its latest study, covering homebuilder projects all around the nation. The research company’s team of 400 researchers drives more than 200,000 miles per quarter visiting and collecting data through direct counts. Within Metrostudy’s national footprint, housing starts rose 2.5% between the fourth quarter of 2013 and the fourth quarter of 2014. This was a very uninspiring “top line” number, but beneath that number there is a great deal of regional variation, with some areas going up and others going down. In broad strokes, the western U.S.Read More