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.
Bad Hunter / Metrostudy / July 17, 2014
Housing starts for June SURPRISED on the downside! Jobs are better, and builders seem more confident, yet the June number was down 9.3% month-over-month (9.0% for single-family detached).
My forecast for 2014, just revised to account for the latest data, is for a 9% increase in total home starts (annual total for 2014 versus annual total for 2013), and for a 6% increase in single-family construction.Read More
Brad Hunter / Metrostudy / June 17, 2014
New housing starts data from Census just came out, showing both single-family and multifamily DOWN. Single-family starts fell 5.9% (plus or minus 12.7%) in May compared with April, according to Census. They revised downward their crazy (high) estimate for multifamily (thank goodness we didn’t build that many apartments). The number is still up 9.4% over last May.
To steal a title from Douglas Adams (Hitchhiker’s Guide to the Galaxy): Don’t Panic. Don’t panic about the drop in single-family; looking past the monthly noise, the trend is still upward.Read More
Bloomberg / June 3, 2014
Brad Hunter, chief economist at Metrostudy in Palm Beach Gardens, Florida, says new home sales are moving higher as the traffic of potential buyers at building sites decide to buy homes and finally become “conversions.” He says better news on the job market is fuelling the trend. Hunter says older buyers continue to do all cash deals in many regions, and the level of mortgage rates is not yet a big factor for many buyers. Hunter speaks with Bloomberg’s Kathleen Hays on Bloomberg Radio’s “The Hays Advantage.”
WASHINGTON, D.C. (December 18, 2013) – Hanley Wood LLC, the premier media, event, information and strategic marketing services company serving the residential and commercial design and construction industries, announced today the expansion of Metrostudy’s strategic consulting services division. The company has appointed Bradley Hunter Metrostudy’s Director of Consulting to lead its nationwide expansion.
With over 25 years experience in real estate analysis and local market economic forecasting, Hunter is a full member of the Urban Land Institute where he serves on theRead More