Builder confidence slips in June Builders continue to report rising construction costs. Builder confidence in the market for newly-built single-family homes fell two points to 64 in June, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.
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· Builder confidence in the market for newly built single-family homes weakened slightly in June, down two points to a level of 67 from a downwardly revised May reading of 69 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). “Builder confidence levels have remained consistently sound this year, reflecting the ongoing gradual recovery of the housing market.
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US Builder Confidence Slips Two Points in July, Remains Solid – 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. .
Home builder confidence fell slightly in June to a reading of 59 according to the National Association of Home Builders Housing Market Index. Analysts had expected no change to June’s reading of 60. June components of the HMI were also lower. Builder confidence in current market conditions dropped by one point to 63; builder confidence.
Homebuilder confidence slips 2 points in June 10:00 AM ET Thu, 15 June 2017 CNBC’s Diana Olick reports the latest read on housing market sentiment from the National Association of Home Builders.
A report on Monday showed home-builder confidence at its lowest level in over 16 years, a finding that stood in contrast to the optimism suggested by the rise in permits. Excess inventory, growing.
Builder confidence in the market for newly-built single-family homes fell two points to 64 in June, according to the latest National Association of Home Builders/Wells Fargo Housing Market index (hmi) released today. sentiment levels have held at a solid range in the low- to mid-60s for the past five months, the NAHB said.
have led policymakers to consider cutting interest rates and/or embarking on bond purchases to boost investor confidence and business activities. The U.S. Commerce Department said retail sales rose.