NAHB

Housing Market Review – Slowing Momentum (March, 2016)

The last Housing Market Review covered data released in February, 2016. At the time, sentiment and data ahead of the Spring selling season was not as strong as I had anticipated. The iShares US Home Construction ETF (ITB) has gained little since then and has even stalled out at resistance at its 200-day moving average … Read more

Hard to Blame the Weather for the Drop in Home Builder Sentiment

(This is an excerpt from an article I originally published on Seeking Alpha on February 17, 2015. Click here to read the entire piece.) The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for February came in at 55. The biggest change in the index came from a large drop in the component … Read more

The National Association of Homebuilders Offers Sober Assessments of Economic and Political Impacts On the Housing Recovery

(This is an excerpt from an article I originally published on Seeking Alpha on November 4, 2013. Click here to read the entire piece.) The National Association of Homebuilders (NAHB) issued an important summary of recent economic and political news relevant to housing titled “Eye on the Economy: Slowing Sales.” Here are the key points … Read more

More Confirmation of Price and Cost Pressures In Homebuilding

(This is an excerpt from an article I originally published on Seeking Alpha on April 17, 2013. Click here to read the entire piece.) The U.S. core Consumer Price Index (CPI) increased 0.1% month-over-month in March as reported inflation continues to be mild. Housing is one industry that is no longer sticking to the script … Read more