US homebuilder confidence hits 5-year high.. The National Association of Home Builders/Wells Fargo builder sentiment index surged six points this month to 35, the highest reading since March.
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The first builder-sentiment reading for 2018, albeit a decline from a 18-year high, is consistent with other reports that indicate residential construction will build on recent growth, as a solid job market, relatively low mortgage costs and rising confidence help propel. Rising home prices and mortgage rates can’t keep homebuyers down.
Builder sentiment for current market conditions gained five points for a reading of 75. The index reading for builder perception of market conditions in the next six months also rose five points to an October reading of 78. Builder sentiment for home buyer traffic in new home developments rose one point to 48.
U.S. home builders’ confidence jumped for a fourth consecutive month in August, as the housing market’s stabilization has been one of the positive developments in the economy in recent months.
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U.S. homebuilder sentiment stayed sideways in the month of July, but remains at its highest level in almost a decade, according to the NAHB/Wells Fargo.
A gauge of confidence among home builders rose in September to the highest level in almost nine years, as builders’ views on present and upcoming sales rose.. Home-builder confidence hits. View the latest builder confidence numbers from the nahb.. national association of Home Builders. Blechman Financial Group, Inc. dba NSB Mortgage.
U.S. Home-Builder Confidence Hits Near-Decade High National Association of Home Builders’ index at highest level since November 2005
The nation’s home builders may not be happy with the Republican tax plan, but they are seeing more buyers, and that is boosting confidence.A monthly reading of home builder sentiment rose two.
A gauge of confidence among home builders jumped up in June, hitting the highest level since 2006, on more optimistic views about future and current sales.. Home-builder confidence hits seven.
Miramar Beach, FL – Alterra Home Loans South Florida is inching closer to housing stability, according to a monthly report released Wednesday by government mortgage company Freddie Mac. Palm Beach, Broward and Miami. The index measures.