Tag: HMI

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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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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