SlideShare a Scribd company logo
Eye on Economy
Home Starts Pause and Existing Sales Rise
July 24, 2014
eyeonhousing.org
Existing Home Sales
2
•Monthly pace of existing home sales
increased 2.6% in June
•Third consecutive monthly gain in
sales
•Share of first-time buyers remains
below historical averages
•Share of distressed sales are down
•Read more here
Housing Starts
3
•Pace of housing construction slowed
in June
•Census Bureau & HUD – total housing
starts fell 9.3%
•The South experienced most of
decline
•Read more here
Construction Jobs
4
•Bureau of Labor Statistics reveal an
increase in unfilled construction jobs
•Openings increased 38,000 between
April and May
•May count: 3rd highest since end of
The Great Recession
•Read more here
Housing Market Index
5
•Builder sentiment points to more
positive conditions
•Housing Market Index rose four points
•First time since January the HMI was
above 50 points
•Census report noted that single-family
permits were up for the month
•Read more here
Producer Price Index
6
•Producer prices increased 1.9% over
12 months
•Monthly building material changes
• Softwood lumber declined
0.8%
• OSB rose 3.9%
• Gypsum rose 3.0%
• Read more here
Consumer Price Index
7
•Month-over-month increase of 0.3%
(seasonally adjusted)
•Real Rent Index increased 1.2% over
the past year
•Read more here
FOMC minutes
8
•NAHB expects the FED to raise
interest rates in third quarter of 2015
•Asset purchase program winds down
•Central bank is not on a pre-set course
•Monitoring economic variable as it sets
future policy
•Read more here
Renewable Energy & Green
Certifications
9
•NAHB economists examined recent
trends in power production property
•Geothermal installations leading for
single-family homes
•Solar panels are a close second
•National Green Building Standard is
leading certification system
•Read more about installations here
•Read more about certifications here
Housing Starts: 5,000+ Square
Foot Homes
10
•Market share of new home starts
larger than 5,000 sq ft is 3%
•Mirrors recent rend of rising median
home size
• Likely due to market weakness
among entry-level buyers
•Read more here
Affordable Housing Credit
11
•LIHTC supports approximately 96,000
jobs
•Due to development and rehabilitation
of affordable rental housing
•Read more here

More Related Content

Similar to Eye on economy

Eye on the Economy
Eye on the EconomyEye on the Economy
Eye on the economy (140922)
Eye on the economy (140922)Eye on the economy (140922)
Eye on the economy (140922)
National Association of Home Builders
 
Eye on the economy 140820
Eye on the economy 140820Eye on the economy 140820
Eye on the economy 140820
National Association of Home Builders
 
Eye on the Economy
Eye on the EconomyEye on the Economy
Economic Indicators for Week of October 18-22, 2010
Economic Indicators for Week of October 18-22, 2010Economic Indicators for Week of October 18-22, 2010
Economic Indicators for Week of October 18-22, 2010
NAR Research
 
Getting Buyers Off the Fence
Getting Buyers Off the FenceGetting Buyers Off the Fence
Getting Buyers Off the Fence
Tom Blefko
 
Eye on Economy - June 25, 2014
Eye on Economy - June 25, 2014Eye on Economy - June 25, 2014
Eye on Economy - June 25, 2014
National Association of Home Builders
 
Houston housing forecast 2021
Houston housing forecast 2021Houston housing forecast 2021
Houston housing forecast 2021
Paul Holub
 
Edge100812
Edge100812Edge100812
What to Expect from Real Estate in 2018
What to Expect from Real Estate in 2018What to Expect from Real Estate in 2018
What to Expect from Real Estate in 2018
ATTOM Data Solutions
 
What to Expect from Real Estate in 2018
What to Expect from Real Estate in 2018What to Expect from Real Estate in 2018
What to Expect from Real Estate in 2018
ATTOM Data Solutions
 
5th MAG Meeting
5th MAG Meeting5th MAG Meeting
5th MAG Meeting
Massimiliano Hasan
 
Housing market for Canada - june 2016
Housing market  for Canada - june 2016Housing market  for Canada - june 2016
Housing market for Canada - june 2016
paul young cpa, cga
 
Economic Indicators for Week of November 15-19, 2010
Economic Indicators for Week of November 15-19, 2010Economic Indicators for Week of November 15-19, 2010
Economic Indicators for Week of November 15-19, 2010
NAR Research
 
Economic Indicators for the Week of November 15-19, 2010
Economic Indicators for the Week of November 15-19, 2010Economic Indicators for the Week of November 15-19, 2010
Economic Indicators for the Week of November 15-19, 2010
NAR Research
 
Edge061812
Edge061812Edge061812
Lease with right to purchase your new home in seattle mona & julie 2015
Lease with right to purchase your new home in seattle mona & julie 2015Lease with right to purchase your new home in seattle mona & julie 2015
Lease with right to purchase your new home in seattle mona & julie 2015
Julie Hutton Realtor
 
2022 Ten Real Estate Trends
2022 Ten Real Estate Trends2022 Ten Real Estate Trends
2022 Ten Real Estate Trends
Tom Blefko
 
AS Micro: Housing Market Failure
AS Micro: Housing Market FailureAS Micro: Housing Market Failure
AS Micro: Housing Market Failure
tutor2u
 
Selling Your House Fall 2018
Selling Your House Fall 2018Selling Your House Fall 2018
Selling Your House Fall 2018
Dwell Real Estate - South Jersey
 

Similar to Eye on economy (20)

Eye on the Economy
Eye on the EconomyEye on the Economy
Eye on the Economy
 
Eye on the economy (140922)
Eye on the economy (140922)Eye on the economy (140922)
Eye on the economy (140922)
 
Eye on the economy 140820
Eye on the economy 140820Eye on the economy 140820
Eye on the economy 140820
 
Eye on the Economy
Eye on the EconomyEye on the Economy
Eye on the Economy
 
Economic Indicators for Week of October 18-22, 2010
Economic Indicators for Week of October 18-22, 2010Economic Indicators for Week of October 18-22, 2010
Economic Indicators for Week of October 18-22, 2010
 
Getting Buyers Off the Fence
Getting Buyers Off the FenceGetting Buyers Off the Fence
Getting Buyers Off the Fence
 
Eye on Economy - June 25, 2014
Eye on Economy - June 25, 2014Eye on Economy - June 25, 2014
Eye on Economy - June 25, 2014
 
Houston housing forecast 2021
Houston housing forecast 2021Houston housing forecast 2021
Houston housing forecast 2021
 
Edge100812
Edge100812Edge100812
Edge100812
 
What to Expect from Real Estate in 2018
What to Expect from Real Estate in 2018What to Expect from Real Estate in 2018
What to Expect from Real Estate in 2018
 
What to Expect from Real Estate in 2018
What to Expect from Real Estate in 2018What to Expect from Real Estate in 2018
What to Expect from Real Estate in 2018
 
5th MAG Meeting
5th MAG Meeting5th MAG Meeting
5th MAG Meeting
 
Housing market for Canada - june 2016
Housing market  for Canada - june 2016Housing market  for Canada - june 2016
Housing market for Canada - june 2016
 
Economic Indicators for Week of November 15-19, 2010
Economic Indicators for Week of November 15-19, 2010Economic Indicators for Week of November 15-19, 2010
Economic Indicators for Week of November 15-19, 2010
 
Economic Indicators for the Week of November 15-19, 2010
Economic Indicators for the Week of November 15-19, 2010Economic Indicators for the Week of November 15-19, 2010
Economic Indicators for the Week of November 15-19, 2010
 
Edge061812
Edge061812Edge061812
Edge061812
 
Lease with right to purchase your new home in seattle mona & julie 2015
Lease with right to purchase your new home in seattle mona & julie 2015Lease with right to purchase your new home in seattle mona & julie 2015
Lease with right to purchase your new home in seattle mona & julie 2015
 
2022 Ten Real Estate Trends
2022 Ten Real Estate Trends2022 Ten Real Estate Trends
2022 Ten Real Estate Trends
 
AS Micro: Housing Market Failure
AS Micro: Housing Market FailureAS Micro: Housing Market Failure
AS Micro: Housing Market Failure
 
Selling Your House Fall 2018
Selling Your House Fall 2018Selling Your House Fall 2018
Selling Your House Fall 2018
 

More from National Association of Home Builders

Walk Through Wednesday
Walk Through WednesdayWalk Through Wednesday
Walk Through Wednesday
Walk Through WednesdayWalk Through Wednesday
Walk Through Wednesday (141022)
Walk Through Wednesday (141022)Walk Through Wednesday (141022)
Walk Through Wednesday (141022)
National Association of Home Builders
 
Walk Through Wednesday (141015)
Walk Through Wednesday (141015)Walk Through Wednesday (141015)
Walk Through Wednesday (141015)
National Association of Home Builders
 
Walk Through Wednesday (141008)
Walk Through Wednesday (141008)Walk Through Wednesday (141008)
Walk Through Wednesday (141008)
National Association of Home Builders
 
Walk Through Wednesday (141001)
Walk Through Wednesday (141001)Walk Through Wednesday (141001)
Walk Through Wednesday (141001)
National Association of Home Builders
 
Walk Through Wednesday (140910)
Walk Through Wednesday (140910)Walk Through Wednesday (140910)
Walk Through Wednesday (140910)
National Association of Home Builders
 
Walk through wednesday (140903)
Walk through wednesday (140903)Walk through wednesday (140903)
Walk through wednesday (140903)
National Association of Home Builders
 
Walk Through Wednesday (140813)
Walk Through Wednesday (140813)Walk Through Wednesday (140813)
Walk Through Wednesday (140813)
National Association of Home Builders
 
Eye on economy - July 10, 2014
Eye on economy - July 10, 2014Eye on economy - July 10, 2014
Eye on economy - July 10, 2014
National Association of Home Builders
 

More from National Association of Home Builders (10)

Walk Through Wednesday
Walk Through WednesdayWalk Through Wednesday
Walk Through Wednesday
 
Walk Through Wednesday
Walk Through WednesdayWalk Through Wednesday
Walk Through Wednesday
 
Walk Through Wednesday (141022)
Walk Through Wednesday (141022)Walk Through Wednesday (141022)
Walk Through Wednesday (141022)
 
Walk Through Wednesday (141015)
Walk Through Wednesday (141015)Walk Through Wednesday (141015)
Walk Through Wednesday (141015)
 
Walk Through Wednesday (141008)
Walk Through Wednesday (141008)Walk Through Wednesday (141008)
Walk Through Wednesday (141008)
 
Walk Through Wednesday (141001)
Walk Through Wednesday (141001)Walk Through Wednesday (141001)
Walk Through Wednesday (141001)
 
Walk Through Wednesday (140910)
Walk Through Wednesday (140910)Walk Through Wednesday (140910)
Walk Through Wednesday (140910)
 
Walk through wednesday (140903)
Walk through wednesday (140903)Walk through wednesday (140903)
Walk through wednesday (140903)
 
Walk Through Wednesday (140813)
Walk Through Wednesday (140813)Walk Through Wednesday (140813)
Walk Through Wednesday (140813)
 
Eye on economy - July 10, 2014
Eye on economy - July 10, 2014Eye on economy - July 10, 2014
Eye on economy - July 10, 2014
 

Recently uploaded

FCCS Basic Accounts Outline and Hierarchy.pptx
FCCS Basic Accounts Outline and Hierarchy.pptxFCCS Basic Accounts Outline and Hierarchy.pptx
FCCS Basic Accounts Outline and Hierarchy.pptx
nalamynandan
 
How to Use Payment Vouchers in Odoo 18.
How to Use Payment Vouchers in  Odoo 18.How to Use Payment Vouchers in  Odoo 18.
How to Use Payment Vouchers in Odoo 18.
FinShe
 
Machine Learning in Business - A power point presentation.pptx
Machine Learning in Business - A power point presentation.pptxMachine Learning in Business - A power point presentation.pptx
Machine Learning in Business - A power point presentation.pptx
mimiroselowe
 
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
sameer shah
 
Seeman_Fiintouch_LLP_Newsletter_Jun_2024.pdf
Seeman_Fiintouch_LLP_Newsletter_Jun_2024.pdfSeeman_Fiintouch_LLP_Newsletter_Jun_2024.pdf
Seeman_Fiintouch_LLP_Newsletter_Jun_2024.pdf
Ashis Kumar Dey
 
RMIT University degree offer diploma Transcript
RMIT University degree offer diploma TranscriptRMIT University degree offer diploma Transcript
RMIT University degree offer diploma Transcript
cahyrnui
 
Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)
AntoniaOwensDetwiler
 
高仿英国伦敦艺术大学毕业证(ual毕业证书)文凭证书原版一模一样
高仿英国伦敦艺术大学毕业证(ual毕业证书)文凭证书原版一模一样高仿英国伦敦艺术大学毕业证(ual毕业证书)文凭证书原版一模一样
高仿英国伦敦艺术大学毕业证(ual毕业证书)文凭证书原版一模一样
234knry
 
Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...
Labour Market Information Council | Conseil de l’information sur le marché du travail
 
Fabular Frames and the Four Ratio Problem
Fabular Frames and the Four Ratio ProblemFabular Frames and the Four Ratio Problem
Fabular Frames and the Four Ratio Problem
Majid Iqbal
 
Governor Olli Rehn: Inflation down and recovery supported by interest rate cu...
Governor Olli Rehn: Inflation down and recovery supported by interest rate cu...Governor Olli Rehn: Inflation down and recovery supported by interest rate cu...
Governor Olli Rehn: Inflation down and recovery supported by interest rate cu...
Suomen Pankki
 
Accounting Information Systems (AIS).pptx
Accounting Information Systems (AIS).pptxAccounting Information Systems (AIS).pptx
Accounting Information Systems (AIS).pptx
TIZITAWMASRESHA
 
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
Falcon Invoice Discounting
 
在线办理(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证完成信一模一样
在线办理(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证完成信一模一样在线办理(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证完成信一模一样
在线办理(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证完成信一模一样
5spllj1l
 
一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理
一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理
一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理
k4ncd0z
 
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
5spllj1l
 
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
AntoniaOwensDetwiler
 
做澳洲澳大利亚国立大学毕业证荣誉学位证书原版一模一样
做澳洲澳大利亚国立大学毕业证荣誉学位证书原版一模一样做澳洲澳大利亚国立大学毕业证荣誉学位证书原版一模一样
做澳洲澳大利亚国立大学毕业证荣誉学位证书原版一模一样
2g3om49r
 
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
nimaruinazawa258
 
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
yeuwffu
 

Recently uploaded (20)

FCCS Basic Accounts Outline and Hierarchy.pptx
FCCS Basic Accounts Outline and Hierarchy.pptxFCCS Basic Accounts Outline and Hierarchy.pptx
FCCS Basic Accounts Outline and Hierarchy.pptx
 
How to Use Payment Vouchers in Odoo 18.
How to Use Payment Vouchers in  Odoo 18.How to Use Payment Vouchers in  Odoo 18.
How to Use Payment Vouchers in Odoo 18.
 
Machine Learning in Business - A power point presentation.pptx
Machine Learning in Business - A power point presentation.pptxMachine Learning in Business - A power point presentation.pptx
Machine Learning in Business - A power point presentation.pptx
 
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
 
Seeman_Fiintouch_LLP_Newsletter_Jun_2024.pdf
Seeman_Fiintouch_LLP_Newsletter_Jun_2024.pdfSeeman_Fiintouch_LLP_Newsletter_Jun_2024.pdf
Seeman_Fiintouch_LLP_Newsletter_Jun_2024.pdf
 
RMIT University degree offer diploma Transcript
RMIT University degree offer diploma TranscriptRMIT University degree offer diploma Transcript
RMIT University degree offer diploma Transcript
 
Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)
 
高仿英国伦敦艺术大学毕业证(ual毕业证书)文凭证书原版一模一样
高仿英国伦敦艺术大学毕业证(ual毕业证书)文凭证书原版一模一样高仿英国伦敦艺术大学毕业证(ual毕业证书)文凭证书原版一模一样
高仿英国伦敦艺术大学毕业证(ual毕业证书)文凭证书原版一模一样
 
Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...
 
Fabular Frames and the Four Ratio Problem
Fabular Frames and the Four Ratio ProblemFabular Frames and the Four Ratio Problem
Fabular Frames and the Four Ratio Problem
 
Governor Olli Rehn: Inflation down and recovery supported by interest rate cu...
Governor Olli Rehn: Inflation down and recovery supported by interest rate cu...Governor Olli Rehn: Inflation down and recovery supported by interest rate cu...
Governor Olli Rehn: Inflation down and recovery supported by interest rate cu...
 
Accounting Information Systems (AIS).pptx
Accounting Information Systems (AIS).pptxAccounting Information Systems (AIS).pptx
Accounting Information Systems (AIS).pptx
 
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
 
在线办理(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证完成信一模一样
在线办理(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证完成信一模一样在线办理(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证完成信一模一样
在线办理(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证完成信一模一样
 
一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理
一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理
一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理
 
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
 
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
 
做澳洲澳大利亚国立大学毕业证荣誉学位证书原版一模一样
做澳洲澳大利亚国立大学毕业证荣誉学位证书原版一模一样做澳洲澳大利亚国立大学毕业证荣誉学位证书原版一模一样
做澳洲澳大利亚国立大学毕业证荣誉学位证书原版一模一样
 
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
 
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
 

Eye on economy

  • 1. Eye on Economy Home Starts Pause and Existing Sales Rise July 24, 2014 eyeonhousing.org
  • 2. Existing Home Sales 2 •Monthly pace of existing home sales increased 2.6% in June •Third consecutive monthly gain in sales •Share of first-time buyers remains below historical averages •Share of distressed sales are down •Read more here
  • 3. Housing Starts 3 •Pace of housing construction slowed in June •Census Bureau & HUD – total housing starts fell 9.3% •The South experienced most of decline •Read more here
  • 4. Construction Jobs 4 •Bureau of Labor Statistics reveal an increase in unfilled construction jobs •Openings increased 38,000 between April and May •May count: 3rd highest since end of The Great Recession •Read more here
  • 5. Housing Market Index 5 •Builder sentiment points to more positive conditions •Housing Market Index rose four points •First time since January the HMI was above 50 points •Census report noted that single-family permits were up for the month •Read more here
  • 6. Producer Price Index 6 •Producer prices increased 1.9% over 12 months •Monthly building material changes • Softwood lumber declined 0.8% • OSB rose 3.9% • Gypsum rose 3.0% • Read more here
  • 7. Consumer Price Index 7 •Month-over-month increase of 0.3% (seasonally adjusted) •Real Rent Index increased 1.2% over the past year •Read more here
  • 8. FOMC minutes 8 •NAHB expects the FED to raise interest rates in third quarter of 2015 •Asset purchase program winds down •Central bank is not on a pre-set course •Monitoring economic variable as it sets future policy •Read more here
  • 9. Renewable Energy & Green Certifications 9 •NAHB economists examined recent trends in power production property •Geothermal installations leading for single-family homes •Solar panels are a close second •National Green Building Standard is leading certification system •Read more about installations here •Read more about certifications here
  • 10. Housing Starts: 5,000+ Square Foot Homes 10 •Market share of new home starts larger than 5,000 sq ft is 3% •Mirrors recent rend of rising median home size • Likely due to market weakness among entry-level buyers •Read more here
  • 11. Affordable Housing Credit 11 •LIHTC supports approximately 96,000 jobs •Due to development and rehabilitation of affordable rental housing •Read more here