nahb: NAHB: Housing Market Index Rises 1 Point in July - 07/17/19 05:23 PM
Home Builder sentiment rose one point in July according to the National Association of Home Builders Housing Market Index. 2019 builder confidence in housing market condition continued to fall short of 2018 levels. July's Housing Market Index reading of 65 was one point higher than June's reading. 
Component readings also rose one point each. Builder confidence in current housing market conditions rose to 72; the reading for builder confidence in market conditions for the next six months rose to 71. Builder confidence in buyer traffic in new housing developments rose to an index reading of 48; buyer traffic readings seldom exceed the … (1 comments)

nahb: NAHB: Home Builder Confidence Rises in April - 04/18/19 02:43 PM
Home builder confidence increased in April to an index reading of 63, which was one point higher than for March and the highest reading in six months. Analysts said that April's reading revealed more about housing market conditions in the past six months than it was an indicator of future market conditions. 
November's builder confidence reading was the lowest since housing markets tanked in 2008, Builder confidence recovered over the past few months despite headwinds including higher materials costs and shortages of labor and buildable lots.
Home Builder Confidence Holds Steady Despite Headwinds
NAHB Housing Market Index readings over 50 indicate that most home … (0 comments)

nahb: NAHB: Builder Confidence Hits Highest Rate in 9 Years - 09/18/15 12:15 AM
The National Association of Home Builders (NAHB) / Wells Fargo Housing Market Index reported that home builder confidence rose by one point to a reading of 62 for September. This was the highest reading since November 2005, when the NAHB reported a reading of 68 for home builder confidence. Any reading above 50 indicates that more builders are confident about housing market conditions than those who are not.
NAHB notes that builder confidence has been growing at a moderate pace since July 2014; this is in line with economic conditions in general. Relatively low mortgage rates and stronger labor markets are … (0 comments)

nahb: Housing Market Index Shows Builders Still Have A Positive Outlook - 10/17/13 01:31 AM
The National Association of Homebuilders/Wells Fargo Housing Market Index dropped two points to 55 from September's revised reading of 57. Builder concerns over labor costs and availability and economic uncertainty related to the federal government shutdown were noted as factors contributing to the lower reading for October.
Key Points Noted In October's HMI included:
Builder confidence remains above 50, which indicates that more builders have a positive outlook on housing market conditions than those with negative sentiment. The October HMI cites pent-up buyer demand in markets throughout the US as a positive influence on October's reading. A spike in mortgage rates … (1 comments)

nahb: Home Builder Confidence Highest Level In Nearly 8 Years - 08/20/13 01:49 AM
The National Association of Home Builders (NAHB) reported Thursday that its Housing Market Index rose three points to a reading of 59 for August.
Confidence among builders is likely growing in connection with stronger housing markets and high demand for homes. These conditions are being driven by short supplies of homes for sale in many markets.
 
Builder confidence in current market conditions rose by three points to a reading of 62, while builder confidence in market conditions within the next six months rose by one point to a reading of 68. Confidence in buyer foot traffic was unchanged from … (0 comments)

nahb: Home Builders Hold Great Confidence For New Homes Over Next 6 Months - 04/17/13 12:02 AM
The National Association of Home Builders (NAHB) Wells Fargo Housing Market Index (HMI) report for April shows that builder confidence slipped by two points to a rating of 42 from the March reading of 44.
The Housing Market Index (HMI) measures home builder confidence in market conditions for newly built single family homes.
A reading of more than 50 indicates better than average confidence, while readings below 50 indicate that home builders have concerns about current market conditions.
NAHB Housing Market Index Results For April
Home builders expressed concern over a gap between a growing demand for homes and builders' ability … (0 comments)

nahb: NAHB Housing Market Index Shows Builder Confidence Slip In March - 03/19/13 11:42 PM
The National Association of Home Builders (NAHB) released its NAHB/Wells Fargo Housing Market Index for March on Monday.
The HMI measures builder confidence in the market for newly constructed single family homes.
A reading of 50 for the NAHB Housing Market Index (HMI) indicates that more builders are confident of housing market conditions for new single family homes than those who are not confident.
Home builder confidence fell for the third consecutive month with a two-point drop to a reading of 44 in March.
Several Factors Create New Home Bottleneck
An NAHB leader noted that several situations are causing a “bottleneck” … (0 comments)

 
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