· CNBC’s Diana Olick reports the latest read on the home builder sentiment index.. Home builder sentiment at eight-month low
Confidence among U.S. homebuilders dropped in February to a nine-month low as potential buyers stayed away, interrupting the steady progress residential real estate had built over the course of 2015.
Confidence among U.S. homebuilders dropped in February to a nine-month low as potential buyers stayed away, interrupting the steady progress residential real estate had built over the course of 2015. The National Association of Home Builders/Wells Fargo builder sentiment index decreased to 58 in.
· The decline in builder sentiment follows a report earlier on Monday that showed a sharp slowdown in business at New York-area factories. The New York Fed’s Empire State manufacturing index tumbled in December to a 19-month low, adding to signs U.S. economic growth is moderating and bolstering the case for the central bank to be more cautious on.
Homebuilder Sentiment in U.S. Declines to an Eight-Month Low Michelle Jamrisko Jul 18 2017, 2:00 PM Jul 19 2017, 6:14 AM July 18 2017, 2:00 PM July 19 2017, 6:14 AM
What happened: The December decline took the sentiment index to the lowest since May 2015 and missed the Econoday forecast of a one-point increase. It followed a breathtaking plunge from October.
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Builder Confidence Hits Eight-Month Low in March. by Peter Thomas Ricci March 18, 2015. Homebuilders are feeling a little less confident this month. A key measure of builder confidence declined this month, with the Housing Market Index (HMI) dropping two points to a level of 53.
Foreclosure activity is at the lowest level in over a decade Still, the fact that the level of HELOC activity. for sale at the lowest point he’s seen in 20 years. "There used to be four to five months of inventory. Right now we’re talking four to five weeks.
· U.S. homebuilder sentiment tumbles to weakest level in three years. The decline in builder sentiment follows a report earlier on Monday that showed a.
Homebuilder sentiment reaches 3-month high in August. The climb follows an easing to an eight-month low in July as builders were challenged with higher materials costs for items such as lumber. Builders are upbeat about a strengthening job market and still-low mortgage rates that are helping.
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Interestingly, a week earlier, the National Association of Homebuilders released its Housing Market index, which measures homebuilder market sentiment. This report showed a decline from the..
Homebuilder confidence declines to nine-month low. The National Association of Home Builders/Wells Fargo builder sentiment index decreased to 58 in February from a revised reading of 61 the.