Sentences with phrase «builder confidence remains»

Meanwhile, builder confidence remains low, holding unchanged this month, according to an index by the National Association of Home Builders that was released Monday.

Builders confidence remained strong given changes to the tax code will promote the small business sector and boost broader economic growth.

Not exact matches

Home builder confidence in the new, single - family construction market is healthy, but hurdles remain, according to the latest National Association of Home Builders (NAHB) / Wells Fargo Housing Market Index (HMI).

Builder confidence was unchanged in February from the prior month, remaining at 72 on the National Association of Home Builders / Wells Fargo Housing Market Index (HMI).

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.

Although multifamily condos remain the weakest part of the 55 + HMI, builder confidence improved there as well.

«While interest rates and overall housing affordability remain very favorable on a historic basis, the decline in the latest HOI is a positive development because it is another signal that the housing recovery is starting to take root, and it lends needed confidence to prospective buyers and sellers who have been reluctant to move forward in the current marketplace,» says NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Fla..

The index rose steadily from September 2011 to March 2012 and has been holding steady since indicating builders remain at similar levels of confidence through the early spring even in the face of some disappointing national economic news.