Builder Confidence Strong Despite June Letdown

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Yet builders say they remain optimistic about deregulation. A shortage of housing and falling mortgage rates should make homebuilders happier than ever, but apparently, they’re not. A monthly survey.

"All three components of the index fell 1 point in June, with buyer traffic and future sales expectations reaching their lowest levels since November." "Despite June’s overall drop, builder confidence is still trending higher and improved in the Northeast and West, rising to 61 and 76, respectively.

Builder Confidence Stays at Strong Level in February By Robert Dietz on February 15, 2018 (). Builder confidence in the market for newly-built single-family homes remained unchanged at a healthy level of 72 in February on the National Association of home builders/wells fargo Housing Market Index (HMI).

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Following strong order intake and build-up of order backlog in recent quarters. demonstrates our customers’ confidence in.

Builder Confidence Strong Despite June Letdown. By Michael Miller. – Builder confidence for newly built single-family homes is on the decline, yet overall confidence is still very high. The National Association of Home builders/wells fargo housing market index (HMI) slipped two.

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Home builders’ confidence rose this month for the first time in five months, as home sales remain strong despite a shortage of homes on the market. According to the monthly Housing Market Index.

"Of particular urgency currently is the need to raise building. "Despite a challenging market, we have seen sustained.

Builder confidence in the market for newly built single-family homes dropped two points to 72 in January on the NAHB/Wells Fargo Housing Market Index (HMI) after reaching an 18-year high in December 2017. "Builders are confident that changes to the tax code will promote the small business sector.

3 Things to Know in the Housing Market Today! Some we just don’t know yet. The following three areas of the housing market are critical to understand: interest rates, building materials, and the outlook for an economic slowdown. 1. interest rates. One of the most important things to consider when buying a home is the interest rate you will be charged to borrow the money.