Strong Support for Housing Initiatives by ProQuest


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									 M A R K E T OV E RV I E W

       Strong Support for                                                                                                          Energy Star
                                                                                                                                   EPA and DOE Defend Program

       Housing Initiatives
       Two-thirds want government to do more to limit foreclosures
                                                                                                                                       The U.S. Environmental Protection
                                                                                                                                   Agency (EPA) and the U.S. Department
                                                                                                                                   of Energy (DOE), responding to a report
                                                                                                                                   issued by the Government Accountability
                                                                                                                                   Office critical of potential fraud in the
                                                                                                                                   agencies’ Energy Star program, issued a
                                                                                                                                   statement saying that they had launched a
                mericans remain strongly committed                                seasonally adjusted annual rate of 499,000       two-step process to expand testing of Energy

        A       to federal support for home buyers,
                according to a recent survey of U.S.
                                                                                  units, according to figures released by the
                                                                                  U.S. Commerce Department. Meanwhile, a
                                                                                                                                   Star qualified products. Tests were to begin
                                                                                                                                   immediately on six of the most common
       households.                                                                large decline on the more volatile multifam-     product types: freezers, refrigerator-freezers,
           Roughly 68 percent of those polled said                                ily side brought the overall number of hous-     clothes washers, dishwashers, water heaters
       the government should continue to support                                  ing starts down 5.9 percent to a seasonally      and room air conditioners.
       housing, and 65 percent believe the govern-                                adjusted annual rate of 575,000 units.               In addition, EPA and DOE say they are
       ment should be doing more to keep families                                                                                  developing an expanded system that will
       from losing their homes to foreclosure.                                                                                     require all products seeking the Energy Star
           The poll included both homeowners and
       renters and was conducted for the National
                                                                                  Pending Home Sales                               label to be tested in approved labs.
                                                                                                                                       The agencies say in their defense that
       Association of Home Builders (NAHB) by                                     Sales Down, Declines Foreseen                    a series of actions has been taken in recent
       RT Strategies, a nonpartisan public opinion                                     Pending home sales are down and addi-       months to ensure compliance with both
       polling firm based in Washington, D.C. RT                                  tional declines are expected from abnormal       Energy Star and DOE’s appliance efficiency
       Strategies interviewed a representative sample                             weather conditions, according to the National    standards, including action against 35
       of 1,000 adults nationwide by telephone using                              Association of Realtors.                         manufacturers.
       live interviewers on Jan. 29-31, 2010. The                                      The Pending Home Sales Index, a forward-
       sample included 170 interviews with respon-                                looking indicator based on contracts signed
       dents from cell-phon
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