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NAHB Reports Lowest Builder Confidence Reading Since 2014

November 29, 2018 by Rilian Ball

Obstacles facing home builders have caught up with high builder confidence according to the National Association of Home Builders Housing Market Index for November. Builder confidence dropped eight points to an index reading of 60, which was the largest month-to-month drop in builder confidence since 2014. November's decline in builder confidence was greater than the largest month-to-month decline during the housing crisis. Housing Market Index readings over 50 are considered positive, but … [Read more...]

Filed Under: Real Estate Tagged With: Builder Confidence, Housing Trends, NABH

NAHB: Builder Confidence in Housing Market Ticks Up in October

October 23, 2018 by Rilian Ball

Home builder confidence in national housing market conditions rose one index point for a reading of 68 in October. Readings over 50 indicate that most builders are confident about market conditions. Rolling three-month averages showed mixed results. The Northeastern region gained three points for an index reading of 57; the Midwestern region lost two index points with a reading of 57 and the Southern region posted a gain of one point with a reading of 70. The Western region held steady at 74. … [Read more...]

Filed Under: Real Estate Tagged With: Builder Confidence, Market Conditions, Market Trends

NAHB Housing Market Index Unchanged in September

September 20, 2018 by Rilian Ball

Home builder confidence in housing market conditions stayed flat in September. The National Association of Home Builders Housing Market Index reported an index reading of 67, which matched expectations and NAHB's housing market reading for August. Analysts cited recent tariffs on building materials as a significant cause of easing builder confidence. While NAHB called September's reading "solid" at 67, the reading was one full point lower than the average reading for 2017 and equaled the lowest … [Read more...]

Filed Under: Real Estate Tagged With: Builder Confidence, Housing Market, Market Conditions

What’s Ahead For Mortgage Rates This Week – May 21st, 2018

May 21, 2018 by Rilian Ball

Last week's economic releases included the National Association of Home Builders Housing Market Index for May, Commerce Department reports on housing starts and building permits issued. Weekly readings on mortgage rates and first-time jobless claims were also released. Home Builder Confidence Rises in May According to the National Association of Home Builders, home builders surveyed indicated higher confidence in housing market conditions for May. April's reading was downwardly revised to an … [Read more...]

Filed Under: Financial Reports Tagged With: Builder Confidence, Interest Rates, Jobless Claims

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Rilian Ball


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