Builder News

Homebuilding Confidence Slips this Month

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.

U.S. Home-Builder Confidence Slips in June: By Harriet Torry . U.S. home-builder confidence slipped in June, a sign of weakening sentiment in a key sector of the economy. The National Association of Home Builders housing market index fell to 64 this month from an unrevised level of 66 in May, the trade group said Monday.

Homebuilder Confidence Slips To 9-Month Low. by admin. If you’re a home buyer and have considered "buying new", the time may be right for making an offer. Financing is cheap, home values are low, and builders are pessimistic — a terrific combination for today’s home buyer.

217 Brevoort Rd, Columbus, OH 43214 | MLS #219017566 | Zillow 3 Things to Know in the Housing Market Today! Some we just don’t know yet. The following three areas of the housing market are critical to understand: interest rates, building materials, and the outlook for an economic slowdown. 1. interest rates. One of the most important things to consider when buying a home is the interest rate you will be charged to borrow the money.We would like to show you a description here but the site won’t allow us.

Consumer confidence jumped 11.8 per cent in the month among survey respondents earning between $80,000 and $100,000 a year but fell 12.1 per cent for those in the $40,000-60,000 income bracket. The.

The Conference board consumer confidence index slipped this month to 121.5, the business research group said on Tuesday, down from 131.3 in May. It was the first time in three months that consumer.

EUR/USD extends slide below 1.1180 with little in the way toward the yearly low at 1.1106. EU Consumer Confidence and US housing data pending of release. The Brexiteer Boris Johnson has been elected.

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Despite rising new home sales and an increase in building permits nationwide, home builder confidence slipped to a 9-month low in June. The monthly Housing Market Index from the National Association of Homebuilders registered 13 this month — three ticks lower than last month, and its lowest level since September 2010.

WASHINGTON (Reuters) – U.S. homebuilding fell for a second straight. Reserve has signaled it would cut interest rates this month for the first time in a decade. A survey on Tuesday showed.

The confidence level among the nation’s homebuilders slipped slightly in the first month of 2018 after reaching an 18-year high in December 2017, according to the National Association of Home.