Builder confidence in the market for newly-built single-family homes took a four-point ascent to a level of 68 in October on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This was the highest HMI reading since May. Source: Home Builder Confidence Hits Five-Month High
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U.S. homebuilder confidence rose in August to the highest level in seven months as the industry makes more headway. The National Association of Home Builders/Wells Fargo sentiment index rose to 55 from 53 in July, the organization reported today. A reading of at least 50 means the majority of respondents say conditions are good.
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Kevin Barnes figures buying a newly built home saved him money. That’s because he chose a model with a second master bedroom for his. for foreclosed homes made it tough for builders to compete. A.
Builder Confidence Down From 18-Year High, Still Strong. Jan 17 2018, 10:33AM The National Association of Home Builders (NAHB)/Wells Fargo. which hit an 18-year high in December, backed off a.
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U.S. home builders’ confidence jumped for a fourth consecutive month in August, as the housing market’s stabilization has been one of the positive developments in the economy in recent months.
The current sales gauge for single-family homes cooled to 79 from 80. The first builder-sentiment reading for 2018, albeit a decline from a 18-year high, is consistent with other reports that indicate residential construction will build on recent growth, as a solid job market, relatively low mortgage costs and rising confidence help propel.
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“There are still a lot of depressed properties in the pipeline that will hit. confidence caused by a litany of factors, including capital markets volatility, stubbornly high unemployment, depressed.
Canadian consumer confidence. the year’s high of 60.1 set April 25. The 44.3 percent of respondents who said home values in their neighborhood would rise in the next six months was the most since.
We really need the economy to improve and job creation to take hold before people feel comfortable stepping into a home.” The National Association of Home Builders/Wells Fargo confidence. “in hard.