Builder News

US home-builder confidence slips in June

NAHB component readings also dropped in June with builder confidence in current home sales one point lower at an index reading of 71. Home builder confidence in home sales conditions over the next six months dropped two points to 70 and builder confidence in buyer traffic was one point lower at 48.

Homebuilder confidence slips 2 points in June 10:00 AM ET Thu, 15 June 2017 CNBC’s Diana Olick reports the latest read on housing market sentiment from the National Association of Home Builders. Meanwhile the Chicago purchasing managers index has come in at 55.8 in July, better than the expected 54 but below the 56.8 recorded in June.

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NAHB component readings also dropped in June with builder confidence in current home sales one point lower at an index reading of 71. Home builder confidence in home sales conditions over the next six months dropped two points to 70 and builder confidence in buyer traffic was one point lower at 48.

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US Home Sales to Boost This Summer May 16th, 2014. U.S. homebuilders are feeling less confident this month in their near-term sales prospects, reflecting doubts stirred by a sluggish start to the annual spring home-selling season. Even so, builders are more optimistic that sales will perk up later this year.

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U.S. homebuilders are feeling slightly less confident this month about their sales prospects, a pullback from December when builders’ confidence reached the highest.

NAHB: Home Builder Confidence Slips in June.. Home builder confidence fell slightly in June to a reading of 59 according to the National Association of Home Builders Housing Market Index. Analysts had expected no change to June’s reading of 60. june components of the HMI were also lower.

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Photo: Robert Clark. American homebuilder sentiment dropped sharply in November as prospective buyers were turned off by rising interest rates and high home prices, according to the latest Home Market Index (HMI) by the National Association of Home Builders (NAHB).. Facing an increasingly competitive housing market marred by low inventory, many shoppers put the breaks on their plans which.

2017-07-18  · Builder confidence in the market for newly-built single-family homes slipped two points in July to a level of 64 from a downwardly revised June reading on th

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CONTACT US : | 215-671-4701. Homebuilder confidence dropped two points in June according to the National. Home builder confidence in home sales conditions over.