Articles Tagged with ''Builder Confidence''

Strong housing demand keeps builders optimistic in future

But confidence edges down slightly in April
Builder confidence edged down slightly in April as supply places a strain on builders, however confidence in the future remains on solid ground as homebuyer demand continues to surge. The National Association of Home Builders explained that as the spring home buying season begins, expect the market to continue to make gains at a gradual pace.
Read More

Builder confidence slips for third consecutive month

But remains at strong level
Builder confidence dipped in March, falling for the third consecutive month, however it is still at a high level historically. The National Association of Home Builders cautioned builders are reporting challenges in finding buildable lots, which could limit their ability to meet demand.
Read More

Builder confidence falls at start of new year

But remain confident tax reform will bring greater economic growth
Builder confidence declined slightly at the start of 2018, according to the National Association of Home Builders and Wells Fargo Housing Market Index. However, NAHB explained that builders continue to remain confident that recently passed tax reform will promote economic growth.
Read More

Builders: New policies improving housing market conditions

Builder confidence ends 2017 with 18-year high
Builder confidence improved in December to its highest reading in 18 years as builders say housing market conditions are improving due to new policies. NAHB’s chief economist explains why the market can expect continued upward movement of the single-family construction sector next year.
Read More

Builder confidence rebounds from shock of recent hurricanes

Could soon see material price increases and labor shortages
After dropping last month due to the hurricanes, homebuilder confidence is once again on the rise, hitting its highest point since May in October. Homebuilders predict that the new home market will continue to strengthen at a modest rate in the months ahead.
Read More

Recent hurricanes create concern among homebuilders

Intensified concern over labor, cost of building materials
The recent hurricanes which swept the coastlines in parts of Texas and Florida created a drag on homebuilder confidence. The National Association of Home Builders explained the hurricanes intensified its members’ concerns about the availability of labor and the cost of building materials.
Read More

Homebuilders’ confidence rises with demand for new homes

Confidence returns to healthy levels
Builders continue to face supply-side challenges, such as lot and labor shortages and rising building material costs, however their confidence still increased. Home builders reported a higher confidence level as the demand for newly-built homes continues to rise in August.
Read More

Housing starts suddenly rebound in June

Building permits reflect more construction to come
New housing construction increased in June despite growing concerns among builders and decreasing confidence. And June’s increase could carry on in the upcoming months as building permits saw an increase in single-family authorizations.
Read More