United States: NAHB Housing Market Index worse than estimates at 64

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The benchmark index had its. on U.S. stock-market indexes. In a Twitter post Sunday, Trump called on trading partners to remove their “trade barriers and tariffs or be met with more reciprocity by.

The key takeaway from the report is that industrial production continues holding up better in the United States than in other major economies. The preliminary June reading for the University of Michigan Index of Consumer Sentiment decreased to 97.9 (Briefing.com consensus 98.1) from May’s final reading of 100.0.

The index on Friday closed out 2011 with an 11.3% loss, the first yearly fall in three years and the worst. an earlier estimate of 48.1. “German PMI were marginally stronger than expected, and.

 · Builder confidence in the market for newly-built single-family homes slipped two points in July to a level of 64 from a downwardly revised June reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). It is the lowest reading since November 2016.

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Housing Market Sentiment Surges, Mortgage Rates Slide. In June, the NAHB home builder confidence index declined by 2 points to 64. The decline was largely attributable to the specter of fresh.

October 2011 there were 437,000 housing starts and Novembers shot up to 447,000 housing starts. This is the national statistic and you have probably read about this from many different sources. The stock market went way up with this news and potential good news coming out of the Europe zone.

U.S. homebuilder sentiment declined to just 54 in December 2018, well below the previous year’s level of 74 and actually the lowest reading since May 2015, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). A reading of 50 is the midpoint between positive and negative sentiment.

 · Last month NAHB chief economist Robert Dietz: “While home price growth accommodated increasing construction costs during this period, rising mortgage interest rates in recent months coupled with the cumulative run-up in pricing has caused housing demand to stall.” NAHB’s housing-market index dropped 8 points to a reading of 60 in November, well below economist’s.