Economic

The housing market appeared to cool off a bit in February, but a trio of reports indicate good news on the horizon for component manufacturers and new construction.

A new report from Fitch Ratings suggests that Texas is one of a dozen states where home prices are not only unsustainable, they’re overheating.

This article contains slides and commentary on leading housing indicators for January 2017.

When asked how their perspective has changed in the past year, just over 43 percent of homebuyers said they are “more inclined to buy now.”

The Fannie Mae Home Purchase Sentiment Index (HPSI) increased by 5.6 percentage points in February to 88.3, a new all-time high.

Tight availability of AD&C loans has been a limiting factor for home building growth, but easing credit conditions and a growing loan base have helped expand residential construction activity

This article contains slides and commentary on leading housing indicators for November 2016.

Metrostudy provided their 2017 Housing Forecast at the International Builders’ Show. Click here to view this 15-minute presentation by Metrostudy’s Chief Economist, Mark Boud.

Area home builders had their busiest year in almost a decade in 2016, the Builders Association of Greater Indianapolis reported Tuesday.

Salisbury City Council members are considering a one-year moratorium on city fees associated with new house construction on vacant lots and some abandoned subdivisions in the city as a way to boost home ownership.