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 / Builder / August 18, 2014
Today’s government data release on housing starts showed a 14.4% decline in the month of August, mostly driven by multifamily. Single-family detached home construction was only down 2.4% on the month. Total starts are still 8.0% higher than August of last year, and single-family starts are still 4.2% above the year-ago pace.
The apparent stagnation in national housing starts is not universal. Looking deeper, and using Metrostudy’s more granular detail, we see that certain markets have seen considerable strength. In our local-market tracking, we are still seeing significantRead More
New Design, New Features Upgrade User Experience and Create Opportunities for Customers
Washington, D.C., September 16, 2014 – Hanley Wood announces the launch of its newly redesigned BUILDER magazine website, at www.builderonline.com. The redesign provides more streamlined navigation, improved search capability, and is structured as a visual destination for high quality video and images. Additionally, the site is now optimized for viewing on computers and tablets, and renders as a mobile site on smartphones.
“Hanley Wood is committed to serving our audiences with robust digitalRead More
Enhances Geographic Coverage and Service Offerings in Pacific Northwest
Washington, D.C. – September 15, 2014 – Metrostudy, Inc., a Hanley Wood company and the leading provider of primary research and analysis to the U.S. housing industry, announced today that it has acquired New Home Trends, Inc., a real estate research and consulting business serving the Pacific Northwest United States.
“The acquisition of New Home Trends represents an important step in Metrostudy’s growth strategy by enhancing our geographic scope and coverage,” said Peter Goldstone, CEO of HanleyRead More
Brad Hunter / Metrostudy / August 18, 2014
Housing starts numbers out today surprised many observers with its strength (+15.7%), but we find it to have been in line with our actual counts, released earlier this month. As we predicted, last month’s Census estimate was revised upward, and now the numbers are back in line with the trends revealed by the Metrostudy roll-ups.
The last release of housing starts data from the Census Bureau caused undue alarm about a collapse of activity in the South. The Census release had shown a 29.6% decline for total starts in the South, but as we pointed out at the time, this exaggerated the weakness inRead More
Metrostudy Releases Q2 2014 Residential Remodeling Index (RRI) — Remodeling and Replacement Activity Posts Moderate Gains Through 2Q 2014, But Forecast Firms
Brad Hunter / Metrostudy / August 2014
For Immediate Release
WASHINGTON, D.C. (August 15, 2014) Metrostudy, a Hanley Wood company, announced today the release of its Second Quarter 2014 Residential Remodeling Index (RRI) detailing activity in the remodeling and replacement industry.
The index gained 4.3% in the second quarter, year-over-year, which follows a 6.5% year-over-year increase in the first quarter. Despite the moderation in growth rate, the RRI has posted ten consecutive quarterly improvements and eight consecutive year-over-year increases since the market bottomed at the end of 2011.
The slower growth paceRead More