Articles Tagged with ''Housing Market Index''

Homebuilder confidence holds its ground

Although cost causes concern, demand is persistent
Although homebuilders still fear increasing material costs, homebuilder confidence remained unchanged at 67 in September, according to the National Association of Home Builders/Wells Fargo Housing Market Index.
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Freddie Mac: Mortgage rates decrease slightly but there's no relief in sight

Affordability threatens homebuyer demand
Mortgage rates decreased by just a few basis points, but remain above 4.5%, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater said it’s clear that in some markets the combination of ascending home prices, limited affordable inventory and this year’s higher rates are curtailing homebuyer demand.
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Homebuilder confidence falls to lowest level in 2018

Affordability contributes to slight decline
Concerns about market affordability contributed to homebuilder confidence falling one point to 67 in August, according to the National Association of Home Builders/Wells Fargo Housing Market Index. NAHB Chief Economist Robert Dietz said builders are monitoring how tariffs and the impending trade war are affecting key building material prices, including lumber.
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Home builders: Baby Boomers are not buying homes

But expect to see gradual growth
Builder confidence in the single-family housing market for those over 55 years old dropped, but the housing sector reports strong demand, according to the latest Housing Market Index released by the National Association of Home Builders.
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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.
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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.
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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.
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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.
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