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Although the recent drop in softwood lumber prices since mid-May is helping bring costs down (after having driven them up drastically earlier in the year), the decline has been offset by large increases in the prices of several other building material products, reported the National Association of Home Builders (NAHB). CLICK ON THE HEADLINE FOR MORE
The sunny outlook indicates that the residential real estate recovery continues to make progress. CLICK ON THE HEADLINE FOR MORE
Builder confidence increased by double digits in the Midwest but declined in the South. CLICK ON THE HEADLINE FOR MORE
The Treasure Coast also saw gains in home building with St. Lucie and Martin counties experiencing jumps of 139 percent and 42 percent respectively. CLICK ON THE HEADLINE FOR MORE
The National Association of Home Builders/Wells Fargo housing-market index reached 58 this month. Results above 50 signal that builders, generally, are optimistic about sales trends. CLICK ON THE HEADLINE FOR MORE