Builder confidence dips slightly but remains solid in June: NAHB

Builder confidence dips slightly but remains solid in June: NAHB

Builder confidence dips slightly but remains solid in june: nahb builder confidence has remained steady for about 5 months, but new concerns over trade could have an impact by Patrick Kearns Staff.

Current economic conditions provide many reasons for improving levels of home sales. These include record highs in the stock market, a solid labor market, faster wage increases, and consumer confidence at historically strong levels. For example, the most recent reading for weekly jobless claims dropped to the lowest reading since 1969.

 · NAHB housing market index was unchanged at 62 in March after jumping 4 points to 62 in February. It was at 70 a year ago, and compares to the.

Builder confidence in the market for newly-built single-family homes weakened slightly in June, down two points to a level of 67 from a. All three HMI components posted losses in June but remain at healthy levels.

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Home Builder Optimism at Highest Level Since 1999:. Builder confidence in the market for newly-built single-family homes increased five points to a level of 74 in December on the National Association of Home Builders Housing Market Index (HMI) which is the highest reported level since July 1999, over 18 years ago.

June. However, no increase is expected in July. The “current purchases of single-family dwellings” component of the NAHB home builders’ confidence index declined slightly last month, while construction permits for single-family dwellings stagnated in July. The same thing is expected with

According to the National Association of Home Builders (NAHB)’ Housing Market Index (HMI) report, builder confidence rose one point to 29 in the month of June, the highest level since May of.

Homebuilder sentiment fell 2 points to 68 in June.. home since January 2017, according to NAHB's chairman, in part because of tariffs. December, except for one dip in April, when mortgage rates took a sizable jump.. earlier and hit a record high in May, but fell back slightly in June as demand fell off.

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Builder confidence dips slightly but remains solid in june: nahb solid builders‘ Confidence .. National Association of Home Builders or NAHB expects continued growth for home construction and remodeling.. which is up from 30% in March but slightly down. Camping, hiking and hanging out by the lake are all great options and easy to do close to.

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