X
 
(601) 450-3380
629 North Main Street, Hattiesburg, MS 39401
Top Banner
Housing Growth
July 28, 2017
dollar-bill.jpg

New home construction and sales continue to expand along the post-recession trend. Despite a slight decline in the NAHB/Wells Fargo Housing Market Index for July, total housing starts bounced back in June, increasing to an annual rate of 1.215 million. On a year-to-date basis, single-family starts are now 8% higher than last year, while multifamily construction is down 5%.
 
New home sales posted only a small gain of 0.8% in June. However, compared to this time last year, sales are up nearly 9%. In contrast, NAR reports existing homes sales in June fell 1.8% from the previous month, and are roughly flat compared to June 2016.
 
For the 25th consecutive month, existing home inventory fell and continues to spur increases in home prices. The Case-Shiller Home Price Index grew 2.6% in May — the slowest in the last 11 months, though still faster than income growth.
 
–NAHB Chief Economist Robert Dietz

Upcoming Events
Board Meeting
9/28/2017
Builders FirstSource, Hattiesburg, MS 39402

 

The monthly board meeting is where our board members manage the business affairs of the organization. Members are welcome to attend
Carnival Fantasy Cruise
9/30/2017
Mobile, Alabama

 

One lucky Hattiesburg Home Builder member will receive one cabin for two adults on a five day Western Caribbean Cruise to Costa Maya & Cozumel. This prize will be awarded to the member who recruits the most new members before September 30. Eligible top recruiters MUST recruit at least five (5) new members before the deadline.
Annual Fishing Tournament
10/13/2017
Mississippi Gulf Coast

 

Join us again this year for our Specs and Trout Tournament. Registration will begin at 4 p.m. on Friday, October 13. The Captain's Party will be held Friday, October 13 beginning at 6:00 p.m. We will be at Shaggy's Pass Harbor in Pass Christian again this year. Weigh-in will take place on the Saturday afternoon, October 14.
OSHA 10 Construction Semi...
10/18/2017
119 Mayfair Road, Hattiesburg, MS 39402

 

Join us in Hattiesburg, MS for an OSHA 10 class to be held by CAAT Solutions! ALSO… WE WILL BE OFFERING First Aid/CPR/AED immediately following the OSHA course – sign up for one or both! Our classes are lively and fun and THEY COUNT FOR CONTINUING ED! Call the Mississippi Housing Institute at 601-667-7916 or visit www.cpbms.com to register. The cost for a home builder member is only $50. Non-members can register for $175.
Christmas Party
12/12/2017
Hattiesburg Country Club

 

Christmas Party, Installation Ceremony and Awards Presentation will take place at the Hattiesburg Country Club this year. Please plan to join us.
About GHHBA

GHHBA, a chapter of the National Association of Home Builders, serves licensed builders, associates of the construction industry, and consumers in Marion, Lamar, Forrest, Covington and Perry counties. Our association focuses on formal builder education (MSBOC licensure and CPB certification), informing builders of market news,and giving builders the tools to respond to prospective legislation through our state counterpart, HBAM.

Membership in GHHBA keeps builders accountable to consumers. GHHBA is the name consumers trust when they look for a contractor.