Items Tagged with 'Housing Market Index'

ARTICLES

  • 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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  • 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.
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  • 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.
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  • Homebuilder confidence slips on rising material costs

    Concerns grow dues to higher prices
    Home builders were less confident in July due to a rising concern on the price of building materials. As all three of the Housing Market Index components fell, the market for newly built homes saw a decreasing confidence in the current and future sales conditions.
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  • Builder confidence waivers in June

    But remains at relatively high levels
    Builder confidence fell slightly in June from the downwardly revised confidence level in May. However, the National Association of Home Builders explained the level of confidence is still historically high, and reflects the gradually improving housing economy.
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  • 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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