Sentences with phrase «builder sentiment»
"Builder sentiment" refers to the overall outlook or feeling of confidence among builders and developers in the construction industry. It indicates how optimistic or pessimistic they are about current and future business conditions in terms of construction projects and market demand. Full definition
Additionally, home builder sentiment has been gradually trending upward.
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Housing market fundamentals were mostly positive, as builder sentiment remained strong and price appreciation continued.
A report on home - builder sentiment showed that confidence is holding at a more - than - six - year peak.
The National Association of Home Builders / Wells Fargo builder sentiment index released Monday rose two points to...
The National Association of Home Builders / Wells Fargo builder sentiment gauge rose to 59 this month, the strongest since September and exceeding all projections in a Bloomberg survey, from 54 in May.
The National Association of Home Builders / Wells Fargo builder sentiment gauge advanced in June to the highest level since September.
The 55 + single - family HMI measures builder sentiment based on current sales, prospective buyer traffic and anticipated six - month sales for that market.
Their index of builder sentiment rose to 46 points this month, up from 41 in October.
On Tuesday, Feb. 15, 2018, the National Association of Home Builders / Wells Fargo releases its January index of builder sentiment.
The August read on builder sentiment continued its slow rise to a nine plus year high of 61, up one point from July.
«Although builder sentiment in the 55 - plus housing sector is down from the previous quarter, overall confidence is still in positive territory and builders remain optimistic about the market,» said Dennis Cunningham, chairman of the NAHB's 55 + Housing Industry Council, in a statement.
«Though builder sentiment is quite high, they have some headwinds around a shortage of labor.
New - home sales hit their fastest pace in 25 years late in 2017, and builder sentiment reached an 18 - year high.
(Note, the HMI survey was conducted in the two weeks immediately following Hurricane Sandy and therefore does reflect builder sentiment during that period.)
Smoke notes that the last time the housing market index from the National Association of Home Builders, which measures builder sentiment, was this high was in 2005, the height of the housing bubble.
Other positive indicators of current and expected future housing activity include gains in sales of new and existing housing and the National Association of Home Builders sentiment index.
After slipping in April, home builder sentiment rose two points in May to the second - highest level since the recession.
The National Association of Home Builders / Wells Fargo builder sentiment index released Thursday read 72 for the second straight month in February, just shy of the 18 - year high for optimism recorded in December.
Home builder sentiment may be rising, but single - family housing starts have not seen strong gains, and entry - level, mortgage - dependent home buyers are clearly struggling with weakening affordability.
The NAHB's builder sentiment index climbed to 70 in November, the highest score since March.
So much for the high reading in builder sentiment.
Second, in breaking down the builder sentiment metric, «foot - traffic» was running 25 points below the trailing sales rate metric (51 on the foot - traffic vs. 76 on the «current sales» components of the index) In other words, potential future sales are expected to be lower than the trailing run - rate in sales.
The builder sentiment gauge measuring sales conditions increased six points in December to 64, and the gauge measuring future sales ticked up two points to 62.