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News

Check this page for Holeman Inc. project updates, company news, and stories of interest about the South Florida construction industry and building news.

New Home Sales Rise 2.9% in May

Sales of newly built, single-family homes in May rose 2.9% to a seasonally adjusted annual rate of 610,000 units after an upwardly revised April reading, according to newly released data from HUD and the Census Bureau.

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Builder Confidence: Still Solid

Builder confidence in the market for newly built single-family homes weakened slightly in June, down two points to 67 from a downwardly revised May reading of 69 on the NAHB/Wells Fargo Housing Market Index (HMI).

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Housing Recovery to Pick Up Steam in 2016, but Challenges Remain

Steady employment and economic growth, pent-up demand, affordable home prices and attractive mortgage rates will keep the housing market on a gradual upward trend in 2016. However, persistent headwinds related to shortages and availability of lots and labor, along with rising materials prices are impeding a more robust recovery, according to economists who participated in the NAHB Fall Construction Forecast Webinar on Oct. 21.

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Single-Family Production Poised to Take Off in 2015

A growing economy, rising household formations, low mortgage rates and pent-up demand will help single-family housing production to rev up in 2015 while a growth in renters will keep the multifamily market at cruising altitude or higher, according to economists who participated in yesterday’s National Association of Home Builders (NAHB) 2014 Fall Construction Forecast Webinar.

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Builder Confidence Surges in July

Home builders' confidence in the housing market surged in July to the highest level since January, reflecting a pickup in sales of new homes and heightened expectations for sales the second half of the year.

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