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Solid Builders’ Confidence .. National Association of Home Builders or NAHB expects continued growth for home construction and remodeling.. which is up from 30% in March but slightly down.
The June National Association of Home Builders/Wells Fargo Housing Market Index came in at a very strong reading of 66. The index stood at 66 last year in June 2017. A reading above 50 is considered positive sentiment. All three the index’s components were very solid.
Fannie Mae says with the solid. unit decline in June and July. Production of multifamily housing is running at an annual rate of 406,000, a robust number, and demand for multifamily rental units.
"Despite this month’s slight dip, builder confidence in the new home market remains above the 50-point benchmark," said NAHB Chairman Tom Woods.
Homebuilder confidence for newly built, single-family homes in July fell one point, but remains strong, according to the Housing Market Index released today by the National Association of Home.
So naturally, the hope is that new home construction picks up. One measure of how the new home market is doing is the National Association of Home Builders’ Housing Market Index. The index scores builders’ confidence in the new home market on a scale where any number above 50 indicates more builders view conditions as good than poor.
Lenders have made some improvement in the eyes of california real estate agents in their handling of short sales, but the process remains problematic according to. each ticked up slightly to 67.
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Builder confidence rose slightly in July. The National Association of Home Builders (NAHB) said its housing market index (hmi), which it sponsors with Wells Fargo, gained one point, rising to 65.
Posts about Chief economist written by gbranecky. The National Association of Home Builders (NAHB) reports the housing market index (HMI) increased slightly to 17 in March. This was at expectations of an increase to 17. Confidence remains very low. any number under 50 indicates that more builders view sales conditions as poor than good.
New Properties.Builder confidence dips slightly but remains solid in June: NAHB Builder Confidence Slips Slightly – gayrealestate.com – Builder confidence in newly built single-family homes dropped one point in February, virtually leveling out after solid gains the past year, the National Association of Home Builders/Wells Fargo Housing.