Clason Fine Woodworking, NAHB
NH alternate national builder director
"The fact the builder confidence has been in the low 60s for three straight months shows that single-family housing is making slow but steady progress," said NAHB
chairman Tom Woods.
Derived from a monthly survey that NAHB
has been conducting for 25 years, the NAHB/Wells Fargo Housing Market Index gauges builder perceptions of current single-family home sales and sales expectations for the next six months as "good," "fair" or "poor." The survey also asks builders to rate traffic of prospective buyers as "high to very high," "average" or "low to very low." Scores from each component are then used to calculate a seasonally adjusted index where any number over 50 indicates that more builders view conditions as good than poor.
chief economist David Crowe also predicted a 29 percent increase this year in housing starts, the number of homes where construction has started, which if true would mark the first time since 2007 that starts have topped 1 million units.
Sophia Cicilioni and Stephanie Mastronardi were also recognized as Sales Team of the Year, winning a NAHB
Usher was among 11 NAHB
Designee of the Year award winners who were recognized at the Designation Achievement Reception during the 2013 International Builders' Show in Las Vegas.
The Hearth, Patio & Barbecue Association, the National Lumber and Building Material Dealers Association and the Window and Door Manufacturers Association joined NAHB
in filing the petition for review in the U.S.
More than 1.5 million taxpayers are expected to claim the credit, according to an NAHB
The index gauging sales expectations in the next six months held firm in November from the previous month, at its record low of 19, according to NAHB
Chairman Sandy Dunn.
Details: For more information on the First-Time Home Buyer Tax Credit and resources available from NAHB
, visit www.federal housingtaxcredit.com.
As part of the process required by ANSI, NAHB
and the International Code Council gathered a fully inclusive and representative consensus committee composed of a broad spectrum of builders, architects, product manufacturers, regulators and environmental experts.