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.
Bradley Hunter / Metrostudy / August 25, 2014
Last month’s miserable reading for New Home Sales (as measured by government trackers in June) was revised upward as we expected, but the July number fell 2.4%. This decline is relatively modest, and the stated confidence interval for the 2.4% drop was plus or minus 11.9%, which means that the government isn’t sure whether new home sales actually rose or fell.
In order to understand what is going on, let’s take a look at what we are hearing around the country. Builders were mostly unimpressed by the spring selling season, which we predicted would be “good, but not great.” The summerRead More
John McManus / Builder / July 21, 2014
A new Pew Research study turned heads last week, and you can understand why. The study looks at household composition, and specifically at the eye-popping increase over the past 34 years in households that host multi-generational family members. The number doubled since 1980, from 28 million to 57 million–or upwards of one in five U.S. households, which is probably one of the most dramatic household demographic shifts since the era of the two-income household.
The Pew analysis, plus day-after reports in the Wall Street Journal by Laura Meckler, here, and Bloomberg/ BusinessWeekRead More