Home Builder Confidence Hits Five-Month High » Mortgage Masters Group

NAHB produces in-depth economic analyses of the home building industry based on private and government data. Our economics group surveys builders, home buyers, and renters to gain insight into the issues and trends driving the industry.

Builder confidence in the market for newly-built single-family homes took a four-point ascent to a level of 68 in October on the National Association of Home Builders (NAHB)/Wells Fargo housing market index (hmi). This was the highest HMI reading since May. Source: Home Builder Confidence Hits Five-Month High

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NAHB Builder Confidence:. sale of new homes at the present time and in the next 6 months as well as the traffic of prospective buyers of new homes. It gauges builder perceptions of current.

Home builder confidence rises as builders see more sales. home builder confidence hits 8-month high in November.. They are opposed to changes in the mortgage interest deduction and property.

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6 days ago. Builder confidence for single-family homes rose just one point, to 65, in July, Sentiment is well below the july 2018 reading of 68.. Lower mortgage rates should be helping with affordability, but apparently that's not enough.. over the next six months also rose one point, to 71, as did buyer traffic, to 48.

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Single-family permits rose 3.7%, which ends a five-month streak. Association of Home Builders’ Housing Market Index, a measure of builder confidence, fell two points in June to a still-solid 64.

Here are highlights of the real estate outlook for home buyers, builders and renters. Rising prices, a shortage of homes for sale, escalating mortgage rates and. homebuilder confidence is at a.

Builder Confidence Down From 18-Year High, Still Strong. Jan 17 2018, 10:33AM The National Association of Home Builders (NAHB)/Wells Fargo. which hit an 18-year high in December, backed off a.

The National Association of Home. The group’s gauge of prospective buyer traffic climbed to 33 in May, a four-month high, while the index of the six-month sales outlook increased to 57 from 56 in.

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Confidence among U.S. homebuilders in December slipped further away from a decade high. National Association of Home Builders/Wells Fargo sentiment gauge declined to 61 this month from 62 in.