Welcome to Hanley Wood’s Press Room. For media inquiries please contact John Crosby at email@example.com, 202-736-3424.
Analytics and Forecasting Business to Complement Metrostudy Membership Services and Consulting
Washington, DC – March 4, 2015 – Metrostudy, a Hanley Wood company and the leading provider of primary and secondary market information to the housing and related industries nationwide, has acquired Real Estate Economics (REE), a leading provider of economic and housing information and statistics. As part of the acquisition, Mark Boud – founder of REE and noted industry expert – has joined Metrostudy as Senior Vice President.
“Hanley Wood is committed to expanding our data and informationRead More
Dionne Searcy / The New York Times / February 24, 2015
In the initial years after the collapse of the housing bubble, a severely wounded industry focused mostly on putting up more affordable duplexes and other multifamily housing, including rental apartments.
But some economists say that demand for multifamily construction is leveling off. Home price appreciation in general is slowing as well; the Standard & Poor’s/Case-Shiller index report on Tuesday showed a pace of growth in the single digits.
In this environment, builders are turning to the wealthy as the most reliable market on which to place their bets.
“That buyer is financiallyRead 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
Metrostudy / February 13, 2015
Metrostudy, a Hanley Wood company, announced today the release of its fourth quarter 2014 Residential Remodeling Index (RRI) detailing activity in the remodeling and replacement industry.
The fourth quarter national composite of the RRI registered a score of 97.2, representing a 3.1% year-over-year increase on a seasonally adjusted basis, which beat a revised third quarter year-over-year gain of 3.0%. The RRI has now posted eleven consecutive quarters of positive year-over-year gains since the market bottomed out at the end of 2011.
The RRI also saw a 1.1% increase over third quarter’sRead 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