Items Tagged with 'Housing Market Index'


Homebuilder confidence soars in May

Hits second highest reading since crisis
Builder confidence increased in May, reaching its second highest reading since the housing crisis. This confidence is in spite of the growing costs of material and labor, and shows consumer confidence is growing in the new home market.
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Builder confidence subsides slightly in April

Comes down off unusually high March reading
Homebuilder confidence fell off from the high reported in March, decreasing three points in the Housing Market Index in April. However, despite this decrease, experts point out that builder confidence remains at solid levels.
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Homebuilders keep confident moving into 2017

But less confident than December
Builder confidence came down off December's high, the highest level for more than 10 years, but remains strong headed into 2017. According to the National Association of Home Builders, many builders are excited for the business conditions that the new administration will bring.
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Home builders stayed confident heading into election

Single-family housing shows slow, gradual growth
Home builders held a high confidence in November right before the election, according to an index from the National Association of Home Builders and Wells Fargo. This confidence is reflective of a continued demand for new housing from first-time homebuyers.
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Builder confidence hits new high for 2016

More serious buyers as incomes rise
Builder confidence increased across every region in September as builders saw an uptick in serious buyers, according to the National Association of Home Builders Housing Market Index. The index, which measures builder expectations of current sales and sales within the next six months, shows that builders are confident they can sell the homes they build in this competitive market.
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Homebuilder confidence holds steady in July

Confidence fell one point, but still in a positive range
“For the past six months, builder confidence has remained in a relatively narrow positive range that is consistent with the ongoing gradual housing recovery that is underway,” said NAHB Chairman Ed Brady. “However, we are still hearing reports from our members of scattered softness in some markets, due largely to regulatory constraints and shortages of lots and labor."
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Homebuilder market index remains unchanged

Last change was slight decrease in January
The housing market index remains unchanged from the past three months. Job availability and low mortgage rates may be pluses, but the low traffic in the market shows some first-time homebuyers still prefer to rent.
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