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.
Hanley Wood Chief Economist, Jonathan Smoke and Metrostudy Chief Economist, Bradley Hunter break down what you need to know about the 2013 Housing Market and if the recovery is sustainable. Originally presented at the International Builders Show (January 24, 2013)Read More
Michelle Jamrisko / Bloomberg / January 17, 2013
Jan. 17 (Bloomberg) — U.S. housing starts climbed 12.1 percent last month to a 954,000 annual rate, the Commerce Department reported today in Washington. Applications for jobless benefits decreased by 37,000 to 335,000 in the week ended Jan. 12, the lowest level since the period ended Jan. 19, 2008, Labor Department figures showed today. Betty Liu and Sara Eisen report on Bloomberg Television’s
David Crowe / NAHB / January 16, 2013
The first indicator of builders’ sentiment for 2013 held steady at 47, the same level as December 2012. The three subcomponents of the NAHB/Wells Fargo Housing Market Index changed in every direction possible; the current sales index remained the same at 51, the index for future sales fell one point to 49, and the index for traffic rose one point to 37.
Builders and home buyers took a breath in December as the political agenda remained cloudy up to January 2nd. In addition, builders’ confidence has been rising steadily for eight consecutive months and the uncertainty of taxes, governmentRead More
Jonathan Dienhart and Ken Lee / Hanley Wood / August 27, 2012
Now that our latest Home Building Outlook Report is available, we thought we’d give a preview of what we see as the strongest home building markets in 2013. The outlook ranking of these markets is based upon expectations of increase in new home sales combined with a measure of economic health that takes into account a variety of factors. As a result, Salt Lake City comes in first place for next year, with expectations of 12% growth in new home sales and a very high rating in market health. We re-rank the top 100 markets for the year ahead every quarter, as well as provide our subscribers withRead More