Builder confidence dips slightly but remains solid in June: NAHB

Builder confidence dips slightly but remains solid in June: NAHB Builder confidence has remained steady for about 5 months, but new concerns over trade could have an impact by Patrick Kearns Staff.

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 (hmi). read more > Florida & Metro Forecast: State Economy Will Outpace U.S. According to the National Association of Home Builders, confidence in the U.S. multifamily housing market remained positive in the first quarter of 2018.

[Washington] Builder confidence in the single-family 55+ housing market remained solid in the second quarter with a reading of 71, edging down one point from the previous quarter due to softness in traffic of prospective buyers, according to the National Association of Home Builders’ (NAHB) 55+ Housing market index (hmi) released today.

NAHB says affordability still remains a key concern for builders. The skilled worker shortage, lack of buildable lots and stiff zoning restrictions in many major metro markets are among the.

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Builder confidence for newly built single-family homes rose to 65 points in July, according to data released Tuesday by the National Association of Home Builders (NAHB) and Wells Fargo.

"The drop in builder confidence is largely attributable to supply chain issues, such as lot and labor shortages as well as tight underwriting standards," said nahb chief economist david Crowe. "These.

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"Despite this month’s slight dip, builder confidence in the new home market remains above the 50-point benchmark," said NAHB Chairman Tom Woods.

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According to the National Association of Home Builders’ 55+ Housing Market Index, U.S. builder confidence in the single-family 55+ housing market remained solid in the second quarter with a reading of 71, edging down one point from the previous quarter due to softness in traffic of prospective buyers.

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Builder Confidence Remains Solid in June. Derived from a monthly survey that NAHB has been conducting for 30 years, the NAHB/Wells Fargo Housing Market Index gauges builder perceptions of current single-family home sales and sales expectations for the next six months as "good," "fair" or "poor." The survey also asks builders to rate traffic.