Tag: HMI

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 Stays Strong in February

Filed in Economics, Home Building by on February 15, 2018 0 Comments
Builder Confidence Stays Strong in February

Builder confidence in the market for newly built single-family homes remained unchanged at a healthy 72 level in February on the NAHB/Wells Fargo Housing Market Index

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55+ Housing Market Ends 4th Quarter on Record High

Filed in 55+ Housing, Economics by on February 1, 2018 0 Comments
55+ Housing Market Ends 4th Quarter on Record High

Builder confidence in the single-family 55+ housing market remained strong in the fourth quarter of 2017 with a reading of 71, up 12 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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Builder Confidence Ends 2017 on a High Note

Filed in Economics, Home Building by on December 18, 2017 0 Comments
Builder Confidence Ends 2017 on a High Note

Builder confidence in the market for newly built single-family homes increased five points to 74 in December on the NAHB/Wells Fargo Housing Market Index after a downwardly revised November reading. This was the highest report since July 1999, over 18 years ago.

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Builder Confidence Climbs to 8-Month High in November

Filed in Economics, Home Building by on November 16, 2017 0 Comments
Builder Confidence Climbs to 8-Month High in November

The two-point to a level of 70 in November on the NAHB/Wells Fargo Housing Market Index was the highest report since March, and the second highest on record since July 2005.

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Builder Confidence Posts Solid Gain in October

Filed in Economics by on October 17, 2017 0 Comments
Builder Confidence Posts Solid Gain in October

Builder confidence in the market for new single-family homes rose four points to 68 in October on the NAHB/Wells Fargo Housing Market Index. This was the highest reading since May.

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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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