in Daily Dose, Featured, Market Studies, News About Author: Brian Honea Index Reports Modest Gains for Housing Markets in Q4 Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Print This Post Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Tagged with: Employment Home Prices Housing Market NAHB NAHB/LMI Single-Family Housing Permits U.S. Economy Previous: Ocwen CEO Expects Company’s Earnings To Take Q4 Hit After Ratings Downgrade Next: Agency Has Recovered $1.48 Billion In Funds From TARP-Related Crimes The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Index Reports Modest Gains for Housing Markets in Q4 February 5, 2015 1,242 Views The latest National Association of Homebuilders/First American Leading Markets Index (NAHB/LMI) released Thursday found that markets in 63 out of 351 metropolitan areas nationwide (about 18 percent) matched or exceeded their normal levels of economic and housing activity in Q4 2014, according to an announcement from NAHB.The index ticked slightly upward in Q4 to .90, one point higher than Q3’s revised figure of .89. The number of markets at or above their normal levels in Q4 increased from 60 in the previous quarter and from 52 in the same quarter a year earlier.”The markets are improving at a consistent pace,” said NAHB Chairman Tom Woods, a home builder from Blue Springs, Missouri. “A growing economy and rising consumer confidence should help drive the release of pent-up demand in 2015.”The LMI uses three indicators to determine a market’s proximity to normal: single-family housing permits, home prices, and employment. Permits and prices are compared with the national averages from 2000 to 2003, while employment is compared with 2007 numbers. A score of one means the market is on the same level as the last normal period, or base period; above one means the market is above its base, and a score below one means the market has not quite reached the levels of its last normal period.”The U.S. level of .90 means the U.S. economic and housing market is 90 percent of the way back to normal using the same base levels,” said David Crowe, Chief Economist for NAHB.Out of major metros, the one with the top LMI rating in Q4 was Baton Rouge, Louisiana at 1.41, meaning it is 41 percent above its last normal market level. Austin, Texas; Honolulu, Hawaii; Houston, Texas; and Oklahoma City had the second through fifth best LMI levels, respectively. Some smaller metros registered LMI ratings of greater than 2.0 for Q4, led by Midland and Odessa, Texas; Grand Forks, North Dakota; Bismarck, North Dakota; and Casper, Wyoming. A rating of 2.0 or more means the market is more than double its strength prior to the recession.”More than 80 percent of all metros saw their Leading Markets Index increase or hold steady over the quarter, a strong indicator that the overall housing market is making headway,” said Kurt Pfotenhauer, vice chairman of First American Title Insurance Company, which co-sponsors the LMI report.The indicator that was most recovered in Q4 was home prices, with an index value of 1.31, meaning prices are 31 percent higher than their early 2000s averages. Employment rated at .95 in the index, meaning that the labor market nationwide is 95 percent back to its 2007 level. The index found that the housing permit measure is the weakest of the three indicators in Q4 with a rating of .44. Only 22 out of 351 markets have returned to their levels of their early 2000s single-family housing permit activity.”Markets in energy regions have recovered the fastest and are the ones better now than at their last normal levels,” Crowe said. “The markets with the longest road left are those that collapsed the most and have not had the employment recovery enjoyed by the country as a whole. The bottom two quintiles of markets are heavily concentrated in the industrial Midwest and the Sand states of California, Nevada, Arizona and Florida. All are improving but have a longer distance to cover.” Employment Home Prices Housing Market NAHB NAHB/LMI Single-Family Housing Permits U.S. Economy 2015-02-05 Brian Honea Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Demand Propels Home Prices Upward 2 days ago
Securing consistent judgements in non-examined assessments is challenging. Our research shows that a range of different approaches are taken internationally to address this question. The approach to moderation taken in the UK, both in secondary qualifications and in statutory primary assessment, is similar to approaches taken in many other countries. Our key stage 2 research discusses some of the particular challenges in using moderation to secure consistency and sets out what the Standards and Testing Agency is doing to address these. We will continue to monitor this area. Ofqual has today (29 March 2018) published two pieces of research related to the moderation of teacher assessments.The first is an international literature review of secondary assessments in 23 English-speaking jurisdictions, including in Australia, Canada, Hong Kong, Ireland, Singapore and South Africa. The review finds that a range of different approaches are taken to moderation, providing a variety of levels of assurance in relation to the complex question of how to secure the consistency of teacher judgements.The second is an observational study of local authority moderation of key stage 2 writing assessments in 2017. It identifies factors that may have affected the consistency of moderation in 2017 and sets out the steps being taken by the Standards and Testing Agency to address these factors.Dr Michelle Meadows, Deputy Chief Regulator, said:
Newport-based Brace’s Bakery has announced the teams that will receive a slice of £10k as part of its Community Sport Fund.The family-owned bakery launched its Community Sport Fund in April and invited sports groups across south-east Wales and the Valleys to apply for small grants of £250-£500.Of the 370 teams that applied, the £10k helped 22 teams in the local area, ranging from rugby and football to horse riding and lawn bowls. The successful clubs cater for all ages, backgrounds and interests and are the very definition of community sport.From new kits and training equipment to coaching qualifications and a new scoreboard, the grants will cover the costs of making changes to help the clubs go from strength to strength.Scott Richardson, Brace’s chief executive, said: “We pride ourselves on doing everything we can to help our local community and have loved running our first ever Community Sport Fund.“We had an overwhelming response to the Fund and picking the final teams was a really hard decision; we wish we could have sponsored them all, but we hope those that were unsuccessful this time will apply again next year.”The 22 successful teams were announced earlier this month on Brace’s website and social media.