Tag: builder confidence

Remodeling Confidence Remains Strong Despite 3-Point Slip

Filed in Economics, Remodelers by on April 19, 2018 0 Comments
Remodeling Confidence Remains Strong Despite 3-Point Slip

The NAHB Remodeling Market Index posted a reading of 57 in the first quarter of 2018, down three points from the previous quarter and back to the same level as the third quarter of 2017.

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Builder Confidence Slips a Point, Remains in Solid Territory

Filed in Economics, Home Building by on April 16, 2018 0 Comments
Builder Confidence Slips a Point, Remains in Solid Territory

Builder confidence in the market for newly built single-family homes edged down one point to 69 in April on the NAHB/Wells Fargo Housing Market Index but remains on firm ground. “Strong demand for housing is keeping builders optimistic about future market conditions,” said NAHB Chairman Randy Noel. “However, builders are facing supply-side constraints, such as a lack of buildable lots and increasing construction material costs. Tariffs placed on Canadian lumber and other imported products are pushing up prices and hurting housing affordability.”

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Builder Confidence Remains on Solid Footing in March

Filed in Economics by on March 15, 2018 5 Comments
Builder Confidence Remains on Solid Footing in March

Home builder sentiment edged down one point to a level of 70 in March from a downwardly revised February reading on the NAHB/Wells Fargo Housing Market Index (HMI).

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Builder Confidence Remains Strong as New Year Starts

Filed in Economics by on January 17, 2018 6 Comments
Builder Confidence Remains Strong as New Year Starts

Builder confidence in the market for newly built single-family homes dropped two points to a level of 72 in January on the NAHB/Wells Fargo Housing Market Index (HMI) after reaching an 18-year high in December 2017.

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55+ Housing Builders, Developers Stay Confident in 3rd Quarter

Filed in 55+ Housing, Economics, Home Building by on November 2, 2017 0 Comments
55+ Housing Builders, Developers Stay Confident in 3rd Quarter

Builder confidence in the single-family 55+ housing market continued to be positive in the third quarter, according to the NAHB 55+ Housing Market Index (HMI), released today.

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Builder Confidence Springs Back with 4-Point August Jump

Filed in Economics, Home Building by on August 15, 2017 0 Comments
Builder Confidence Springs Back with 4-Point August Jump

The NAHB/Wells Fargo Housing Market Index rose four points in August to 68. “Our members are encouraged by rising demand in the new-home market,” said NAHB Chairman Granger MacDonald. “This is due to ongoing job and economic growth, attractive mortgage rates and growing consumer confidence.”

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55+ Builder Confidence Strengthens in 2nd Quarter

Filed in Councils & Committees, Economics by on August 3, 2017 0 Comments
55+ Builder Confidence Strengthens in 2nd Quarter

Builder confidence in the single-family 55+ housing market strengthened in the second quarter of 2017 with a reading of 66, up 11 points from the previous quarter, according to the NAHB 55+ Housing Market Index, released today. This is the 13th consecutive quarter with a reading above 50, which means that more builders view conditions as good than poor.

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Builder Confidence Continues Climb

Filed in Economics, Home Building by on May 15, 2017 1 Comment
Builder Confidence Continues Climb

In a further sign that the housing market continues to strengthen, builder confidence in the market for newly-built single-family homes rose two points in May to 70 on the NAHB/Wells Fargo Housing Market Index. This is the second-highest reading since the downturn.

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Builders Still Optimistic in February

Filed in Economics, Home Building by on February 15, 2017 0 Comments

Builder confidence in the market for newly built single-family homes declined two points in February to 65 on the NAHB/Wells Fargo Housing Market Index.

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55+ Builder Confidence is Highest Yet

Filed in Councils & Committees, Economics, Home Building by on February 2, 2017 0 Comments
55+ Builder Confidence is Highest Yet

Builder confidence in the single-family 55+ housing market remained strong in the fourth quarter of 2016 with a reading of 67, up eight points from the previous quarter, according to the NAHB 55+ Housing Market Index, released today. This is the highest reading since the inception of the index in 2008.

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