Sentences with phrase «builder confidence rose»

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.

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.

Not exact matches

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.

Confidence in the market for single family homes rose by three points to 20, according to the National Association of Home Builders / Wells Fargo Housing Market Index.

Even with the slow rise in confidence, builders continue to face difficulty obtaining lots to build on and labor to build the homes.

«While we are encouraged that confidence is rising across investors, consumers, businesses, economists, and home builders, much of it appears to be in anticipation that the forthcoming Administration and the new Congress will enact fiscal policies and deregulation that will help spur growth.

Home builders» confidence in the new single - family housing market is harkening back to 2005, rising to a reading of 71 in the National Association of Home Builders (NAHB) / Wells Fargo Housing Market Index (HMI)-- the highest level in 1builders» confidence in the new single - family housing market is harkening back to 2005, rising to a reading of 71 in the National Association of Home Builders (NAHB) / Wells Fargo Housing Market Index (HMI)-- the highest level in 1Builders (NAHB) / Wells Fargo Housing Market Index (HMI)-- the highest level in 12 years.

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.

In addition, builders» confidence has been rising steadily for eight consecutive months and the uncertainty of taxes, government spending, potential cuts to housing tax incentives and the on - going weak economy had to finally slow the advancing builder index.

Builder confidence rose to its highest level in six and a half years, according to a survey by the National Association of Home Builders / Wells Fargo.

Builder confidence in the 55 + housing market for single - family homes rose four points to 18 compared to the same period a year ago, according to the latest National Association of Home Builders» (NAHB) 55 + Housing Market Index (HMI).

Builder confidence in the market for newly built, single - family homes rose for a fifth consecutive month in September to a level of 40 on the recently released National Association of Home Builders Housing Market Index (HMI).

Builder confidence in the market for newly built, single - family homes rose six points to 35 on the National Association of Home Builders / Wells Fargo Housing Market Index (HMI) for July, released recently.

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.

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

«When you couple the slow but steady rise in single - family unit construction with an increase in builder confidence, it's further support that housing is returning to its place as a major player in driving economic growth.»

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.

According to the National Association of Home Builders / Wells Fargo Housing Market Index, U.S. builder confidence in the market for newly - built single - family homes rose four points to a level of 68 in October 2017.

In this week's economic review, mortgage rates held after rising for the past several weeks, consumer prices saw a minimal gain, retail sales fell, and housing starts and permits dropped despite strong builder confidence.