Builder Confidence Solid in June Amidst Growing Economic Uncertainty

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). Sentiment levels have held at a solid range in the low- to mid-60s for the past five months.

Confidence in the market for new multifamily housing weakened in the first quarter of 2019, according to results from the Multifamily market survey (mms) released today by the National Association of.

Builder Confidence Solid in June Amidst Growing economic uncertainty june 17, 2019 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 levels moved up in tandem with growing consumer confidence and falling interest rates,” said NAHB Chief Economist Robert Dietz. “The five-point jump on the six-month sales.

Builder confidence in the single-family 55+ housing market continued. to 72 and demand expected in the next six months rose seven points to 75. “Strong economic growth and rising home owner wealth.

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Gloomier Economic Outlook Brightens Housing Outlook.. measure of builder confidence broke out of its multi-month slump in May, rising 3 points.. Builder Confidence Solid in June Amidst.

Builder Confidence Solid in June Amidst Growing Economic Uncertainty Posted by Eye On Housing June 17, 2019 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).

The growth of the single-family housing sector has been slow and. reading of 59 amid solid job growth, near record-low interest rates, and. that builder sentiment remained above 60 even amid the uncertainty. Housing's Role in the U.S. Economy. Housing Starts, Building Permits Take a Hit in June.

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Builder confidence in the market for newly-built single-family homes increased five points to a level of 74 in December on the National Association of Home Builders/Wells Fargo Housing Market Index.

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 66 in May, up from 63 in April. Any number above 50 indicates that more builders. Source: NAHB: "Builder Confidence Posts Solid Gain in May" More from my siteNAHB: "Builder Confidence Solid in June Amidst Growing Economic Uncertainty"NAHB: "Builder Confidence Edges [.]