The eight-point jump was the first time the index has been above 50 since April 2006 and represented the biggest one-month gain since August and September of 2002, when the HMI recorded a similar increase of eight points.
Cool-roof material choices have expanded from reflective paint to vinyl sheeting, light-colored gravel, and other roofing products designed to reflect 90 percent of sunlight.
The number of U.S. housing markets on the mend rose by five to a total of 263 in June, according to the National Association of Home Builders/First American Improving Markets Index (IMI).
During National Homeownership Month in June, the National Association of Home Builders is telling young people the time is right to buy a house, and that the nation's builders are building the homes they want.
Apartment owners have a few months to enjoy tight supply growth before a large number of new multifamily properties come online, according to Reis, a provider of commercial real estate information and analysis.
Home prices in March rose by 10.9 percent from a year earlier, the largest such gain in seven years, according to an index tracking home prices in 20 U.S. cities.
Sales of newly built, single-family homes rose 2.3 percent to a seasonally adjusted annual rate of 454,000 units in April, according to newly released figures from HUD and the U.S. Census Bureau.
Towns experiment with different approaches to stimulate new-home building during the recovery; Home builder bonds still draw speculative grades; Ontario’s building code embraces DWHR technology; More home builders head for Wall Street
After years in the wilderness, big builders are once again hot properties among investors. The overall numbers from this year’s Housing Giants help explain why.