Housing Starts Edge Up in January
For the second day in a row, the housing market received a bit of good news as
HUD and the Census Bureau reported that total housing starts in January were at
1,012,000 units, a 0.8 percent increase compared to the revised December
estimate of 1,004,000 units.
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Builder Confidence Edges Higher in February
Builder confidence in the market for new single-family homes edged
marginally higher in February as home buyer traffic through model homes
improved considerably, according to the latest NAHB/Wells Fargo Housing
Market Index (HMI).
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55+ Market Now 21 Percent of New Home Buyers
New research by the NAHB's Paul Emrath found that 55+ households make up
20.9 percent of all new home buyers and 24.3 percent of new custom home
buyers.
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