Sentences with phrase «home builder optimism»
According to September's Housing Market Index, home builder optimism is easing with a 3 - point drop to 64.
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The increase in home builder optimism must translate to significantly more new construction in 2018 to help ease these acute inventory shortages.»
Not exact matches
Home builders» confidence also got a lift in the fourth quarter on the promise of a new administration, which has sown optimism for more ideal business conditions.
U.S. homebuilders remain upbeat, but their optimism has hit a ceiling amid signs that home demand has cooled, according to the National Association of Home Buildhome demand has cooled, according to the National Association of Home BuildHome Builders.
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 builders reported expanding optimism in both the current sales and future sales components.
Growing optimism among home builders is leading to higher levels of residential construction, which suggests better times ahead for job creation and housing demand.
«We are seeing increased optimism from builders in the 55 + housing segment,» says NAHB Chairman Bob Nielsen, a home builder from Reno, Nev. «However, the market still remains weak as many people in the mature - market sector are hesitant to buy.