Browsing: NAHB index

Economy Home Builder Confidence Holds Steady in March

The National Association of Home Builders/Wells Fargo Housing Market Index held steady at 62 in March, the same level as February. Home builders report the market is stabilizing following the slowdown at the end of 2018, and they anticipate a solid spring home buying season. “The skilled worker shortage, lack of buildable lots and zoning

Economy

The National Association of Home Builders/Wells Fargo Housing Market Index was 63 in October, down from a reading of 65 in September, but still well above the peak of 61 over the prior nine months.

Economy

The National Association of Home Builders/Wells Fargo Housing Market Index increased 6 points to 65 in September, up from a downwardly revised reading of 59 in August. September’s reading marked the highest HMI since October 2015. “With the inventory of new and existing homes remaining tight, builders are confident that if they can build more

Economy

The National Association of Home Builders/Wells Fargo Housing Market Index rose 2 points to 60 in August, after falling 2 points in July. Over the past seven months the index has held within a range of 58 and 60 points. “Builder confidence remains solid in the aftermath of weak GDP reports that were offset by

Economy

The National Association of Home Builders/Wells Fargo Housing Market Index was unchanged at 58 points in May, indicating that more builders view conditions as good than poor. The index has remained unchanged for four consecutive months. Index components were mixed in May. The index measuring sales expectations in the next six months rose 3 points

Economy

The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) fell one point to 61 in December, marking the second consecutive monthly decline in the index after a 10-year high in October. All three index components posted losses for the month. Current sales conditions fell one point to 66, while the indices for buyer

Economy

The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) declined three points to 62 in November, after reaching a 10-year high in October. Two of the three index components posted losses in November. Sales expectations fell five points to 70 and current sales conditions declined three points to 67. Buyer traffic rose one

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