Sentences with phrase «builder confidence»

In this week's economic review, mortgage rates drop and home builder confidence falls despite a big jump in housing starts and permits.

One factor that held back builder confidence at the start of 2013 was rising building material prices.

Future sales expectations appear to be driving builder confidence.

Home builder confidence is rising once again after three months of decline.

The National Association of Home Builders is reporting this week that U.S. home builder confidence in the market for newly - built single - family homes fell three points to a level of 64 in September 2017.

«While builder confidence remains solid and sales and starts are running at a healthy clip above last year's levels, housing continues to confront persistent headwinds,» said Granger MacDonald, chairman of the NAHB.

In addition, the recent decline in new home sales stands in opposition to other trends, including a rise in the NAHB / Wells Fargo Housing Market Index of builder confidence in August.

«New - home sales are at a steady level, which is consistent with our measures of solid builder confidence in the housing market,» said Randy Noel, chairman of the National Association of Home Builders (NAHB), in an NAHB Now update.

«This month's report is in line with our forecast, and consistent with solid builder confidence readings,» said Robert Dietz, chief economist at the NAHB.

According the National Association of Home Builders, U.S. builder confidence in the market for newly built single - family homes edged down one point to a level of 69 in April 2018 on the National Association of Home Builders / Wells Fargo Housing Market Index (HMI).

• Pent - up household formations • Rising consumer confidence • Increasing builder confidence in all three legs of the industry: remodeling, multifamily and single - family construction • Growing rental demand • More than 100 metros currently on the NAHB / First American Improving Markets Index

The NAHB / Wells Fargo Housing Market Index measure of single - family builder confidence rose for the eighth straight month to a level of 47 in November, the highest level since April 2006.

For example, this section included April numbers on builder confidence and an interesting study on SARS» impact on employee mobility.

The NAHB's 55 + Housing Market Indices, which measures builder confidence for developers of housing for the 55 + market, showed significant gains for the third quarter of 2012.

Mortgage expert and President of NAMB (The Association or Mortgage Professionals), Don Frommeyer, CRMS, says, «The slow season is coming at a difficult time for the housing market as we were really starting to see housing starts jump and builder confidence grow.

The backdrop of low interest rates and relatively constrained supply levels has fueled an active environment for homebuyers and this month's report reflects continued builder confidence in the housing market.

Going forward, single - family starts should continue to grow, consistent with the recent rise in the NAHB / Wells Fargo Housing Market Index, a measure of single - family builder confidence.

The December increase in starts is consistent with the upward path of builder confidence over the last few months, as measured by the NAHB / Wells Fargo Housing Market Index (HMI).

«This fourth consecutive increase in builder confidence provides further evidence of the gradual strengthening that's occurring in many housing markets and providing a needed boost to local economies,» says NAHB Chief Economist David Crowe.

«It is encouraging to see builder confidence return to the high 60s levels we saw in the spring and summer,» said Robert Dietz, chief economist of the NAHB.

The construction industry is certainly recovering: housing starts were up 6.8 percent in May, builder confidence reached its highest level since 2006, and mortgage applications continue to rise.

This in turn affected builder confidence.

Builders have been saying that the potential home buyers they see now are more serious about buying, which has increased builders confidence enough to start additional homes.

In this week's economic review, January's consumer prices hit a stride, retail sales increased and home builder confidence slipped.

In this week's economic review, the Federal Reserve bumped the federal funds rate, consumer sales, pricing and sentiment fell, and housing starts and home builder confidence stumbled.

«This month's modest uptick in builder confidence comes on the heels of a four - point gain in May and is reflective of the continued, gradual improvement we are seeing in many individual housing markets as more buyers decide to take advantage of today's low prices and interest rates,» said Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla..

«Though builder confidence remains strong, we continue to deal with the long - term repercussions of this devastating hurricane season, which has exacerbated chronic labor and lot shortages and put upward pressure on material and home prices,» said NAHB Chairman Granger MacDonald.

«The modest decline in single - family starts in March is still in line with our solid builder confidence readings and is largely attributable to lingering winter weather that is causing production delays in certain areas of the country,» said NAHB Chief Economist Robert Dietz.

Regionally, builder confidence rose nine points to 42 in the Midwest and two points to 35 in the South, but declined nine points to 25 in the Northeast and three points to 40 in the West in August.

Single - family starts increased 3.7 % in January, and builder confidence remains strong.

«Today's strong report corresponds with the significant gains we've seen in builder confidence over the past year, and confirms our view that a housing recovery is solidly underway in a growing number of markets nationwide,» adds NAHB Chief Economist David Crowe.

U.S. builder confidence in the single - family 55 + housing market remained strong in the fourth quarter of 2017 with a reading of 71, up 12 points from the previous quarter.

We're approaching the part of the month with a lot of housing data — National Association of Home Builders confidence index on March 18th, housing permits and starts on March 19th, existing home sales from the National Association of Realtors on March 21st and S&P / Case - Shiller Home Price Indices on March 26th.

Economists were expecting home builder confidence for April to hit 70, according to a poll by Thomson Reuters.

The January reading represents a pause in the rise of builder confidence and is perhaps related to policy uncertainty in the wake of the fiscal cliff debate and the impending decisions regarding big - picture issues like tax reform and the future of the housing finance system.

«New home sales are at a steady level, which is consistent with our measures of solid builder confidence in the housing market,» said NAHB Chairman Randy Noel.

An index measuring builder confidence in the newly built, single - family market rose five points in June to the highest reading this year.

GRIFFETH: Home builder confidence has fallen for a fourth straight month and it comes at a time when more construction is needed to increase the supply of homes in the market.

«The builder confidence measure would indicate that single - family home construction is going to increase.

The National Association of Home Builders (NAHB) and Wells Fargo said on Tuesday that builder confidence in the new home market ticked up two points on...

While this second solid monthly gain on the builder confidence scale is encouraging, the overall measure remains quite low due to many challenges that home building continues to face with regard to the high number of foreclosures, the difficulty of obtaining construction financing and accurate appraisals, and the restrictive lending environment that is discouraging potential buyers.

Despite the fact that current mortgage rates are averaging 4.56 % for a 30 - year fixed loan — the lowest level ever — consumer confidence and home builder confidence have dropped.

The NAHB anticipates that builder confidence will continue to improve going into 2012.

The increase in builder confidence is related to the fact that homeowners who are able to qualify for mortgages are looking to take advantage of current mortgage rates, which have dipped to historically low levels.

He pointed to the post-election surge in builder confidence and the pace of single - family housing starts slowly trending towards normalized levels.

Home builder confidence in the single - family 55 - plus housing market took a leap forward in the second quarter of 2017, according to the National Association of Home Builders» (NAHB) recently released 55 + Housing Market Index (HMI).

Home builder confidence in the single - family 55 - plus housing market is riding a wave brought on by the baby boomer generation, which will be one of the more predominant participants in real estate over the next decade, according to the National Association of Home Builders (NAHB) 55 + Housing Market Index (HMI).

Home builder confidence in the single - family 55 - plus housing market took a dive in the first part of the year, according to the National Association of Home Builders» (NAHB) recently released 55 + Housing Market Index (HMI).