Tag: HMI

Builder Confidence Drops as Hurricanes Add Uncertainty

Filed in Economics by on September 18, 2017 0 Comments
Builder Confidence Drops as Hurricanes Add Uncertainty

Builder confidence in the market for newly-built single-family homes fell three points to 64 in September, down from August’s revised reading of 67 on the NAHB/Wells Fargo Housing Market Index.

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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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Almost 80,000 Starts Last Year were Tear-Downs

Filed in Home Building, Housing Trends by on July 31, 2017 0 Comments
Almost 80,000 Starts Last Year were Tear-Downs

The Census Bureau doesn’t specifically track new homes constructed on sites where a previous residence was torn down or where there is evidence of a previous residential structure. To fill the data void, NAHB polled members earlier this year about tear-downs via its monthly NAHB/Wells Fargo Housing Market Index survey.

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Builder Confidence Slips 2 Points in July, Remains Solid

Filed in Economics by on July 18, 2017 1 Comment

Builder confidence in the market for newly built single-family homes slipped two points in July to 64 from a downwardly revised June reading on the NAHB/Wells Fargo Housing Market Index (HMI). It is the lowest reading since November 2016.

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Builder Confidence: Still Solid

Filed in Economics, Home Building by on June 15, 2017 0 Comments
Builder Confidence: Still Solid

Builder confidence in the market for newly built single-family homes weakened slightly in June, down two points to 67 from a downwardly revised May reading of 69 on the NAHB/Wells Fargo Housing Market Index.

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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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55+ Builder Confidence Down, But Still Positive

Despite a 12-point drop from the previous quarter, builder confidence in the single-family 55+ housing market remains in positive territory for the first quarter of 2017 with a reading of 55, according to the NAHB 55+ Housing Market Index, released today. This is the 12th consecutive quarter with a reading above 50, which means that more builders view conditions as good than poor.

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Tell Them What You Really Think and Get Rewarded for Doing It

Filed in Economics by on April 24, 2017 1 Comment
Tell Them What You Really Think and Get Rewarded for Doing It

Thousands of industry analysts, lobbyists, government regulators and the media all keep a close eye on the results NAHB’s monthly Housing Market Index (HMI) survey. While hundreds of single-family builders participate in the survey, we want that number to grow. NAHB is giving builders the opportunity to join the exclusive panel of builders that provides their opinions about the housing market.

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Builder Confidence Holds Firm in April

Filed in Economics by on April 17, 2017 0 Comments
Builder Confidence Holds Firm in April

Optimism among builders of single-family homes remained solid in April, falling three points to a level of 68 on the NAHB/Wells Fargo Housing Market Index (HMI) after an unusually high March reading.

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Builder Confidence at a 12-Year High

Filed in Economics by on March 15, 2017 1 Comment
Builder Confidence at a 12-Year High

Builder confidence in the market for newly-built single-family homes jumped six points to 71 on the NAHB/Wells Fargo Housing Market Index, the highest reading since June 2005.

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