Builder confidence in the market for newly-built single-family homes fell two points to 64 in June, according to the latest National Association of Home builders/wells fargo housing market Index (HMI) released today. Sentiment levels have held at a solid range in the low- to mid-60s for the past five months, the NAHB said.
NAHB: Builder Confidence Slips in June june 20, 2019 by Mary Johnson Homebuilder confidence dropped two points in June according to the National Association of Home Builders Housing Market Index.
· By: The Associated Press July 16, 2014 Comments Off on US homebuilder confidence surges in July File photo by Pete Grady. U.S. homebuilders’ confidence in the housing market surged this month to the highest level since January, reflecting a pickup in sales of new homes and heightened expectations for sales the second half of the year.
A shortage of housing and falling mortgage rates should make homebuilders happier than ever, but apparently, they’re not. A monthly survey of builder sentiment fell 2 points in June to 67, and May’s reading was revised down by 1 point. While anything above 50 is considered positive on the National Association of Home Builders survey, [.]
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The top three US indexes moved lower after President Donald Trump said. Economists polled by Reuters had forecast retail.
"Builder confidence in the market. 2016 "Our members are telling us they are growing increasingly concerned over rising material prices, particularly lumber,” said NAHB Chairman Granger MacDonald,
Builder confidence fell two points to 64 in June, according to the latest National Association. with some additional concerns over trade issues,” said NAHB Chairman Greg Ugalde, a home builder and.
US Builder Confidence Slips Two Points in July, Remains Solid – Builder confidence in the market for newly-built single-family homes slipped two points in July to a level of 64 from a downwardly revised June reading on the National Association of Home Builders/Wells fargo housing market index (HMI). It is the lowest reading since November 2016. .
U.S. home-builder confidence slipped in June, a sign of weakening sentiment in a key sector of the economy. The National Association of Home Builders housing market index fell to 64 this month from an unrevised level of 66 in May, the trade group said Monday. Economists surveyed by The Wall Street Journal expected a reading of 67 in June.