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 / November 19, 2014
Taken in total, the housing starts data paint a picture of boring, flat, lackluster performance in 2014. Dig deeper into the data, however, and you see a much more dynamic picture. The year is not over yet, but from the data we have collected first-hand, on nearly 100 metropolitan statistical areas in the country, we see markets ranging from a 21% decline in the past four quarters to a 45.8% increase!
Let’s look at a few of the stand-outs. The data below indicate the percentage change in single-family detached starts from 3Q13 through 3Q14.
In Southwest Florida, the Naples/Ft. Myers market’sRead More
Natalia Siniavskaia / Eye on Housing / October 10, 2014
Looking at single-family homes started in 2013, new NAHB research quantifies regional differences in sale and contract prices per square foot. The prices excluding lot values range from $145 per square foot for contractor-built homes in the Pacific division to $73 per square foot for speculatively-built homes in the West South Central division.
The NAHB analysis is based on the Survey of Construction (SOC) data. The survey information comes from interviews of builders and owners of the selected new houses. The SOC differentiates between houses built for sale, houses built by contractors,Read More
J.W. Colvin IV / Metrostudy / May 29, 2013
I recently read an article in a local business paper that had an eye catching front page headline,“Another Housing Bubble?” I admit I read the article the first time with a bias, but then I wanted to stack up the facts and see where we were at. The article highlights two different points of view. One view was from a couple of industry watchers and the other from a new home buyer in the market. Among the industry watchers there was some skepticism based on population growth and a little disbelief at how quickly ‘speculative’ home building has rebounded, but the home buyer was exasperated becauseRead More