Mamta Badkar in New York – Financial Times US homebuilder confidence unexpectedly fell for the first time this year in June due to concerns over trade and rising construction costs. The National Association of Home Builders on Monday said its housing market index fell to 64 in June from 66 the previous month.
The business index fell to 97.4 in June, down from the 97.9 recorded in May. ifo economist klaus Wohlrabe said the trade conflict between the US and China was the main source of uncertainty for.
The Housing Market Index (HMI) is based on a monthly survey of NAHB members designed to take the pulse of the single-family housing market. The survey asks respondents to rate market conditions for the sale of new homes at the present time and in the next six months as well as the traffic of prospective buyers of new homes.
Home builder confidence dropped slightly for June, with a NAHB Market Index reading of 64, against a 66-reading last month, and a consensus expectation of 67. The Housing Market Index (HMI) is based on a survey of home-building members and is designed to get a read on the market for single-family housing.
3 Things to Know in the Housing Market Today! – Deveraux Realty – Wanda Jean Texas State Real Estate Expert Fort Worth and Dallas rank No. 1 and No. 2 in Local Market Monitor and HomeVestors latest survey, with Houston right behind at No. 5.. Ingo Winzer, president and founder of Local Market Monitor, said in a release, "Job growth, particularly in lower paying jobs, population growth and relatively low home prices are factors making investments in single family homes as rental properties a nearly.
· Home builder confidence dipped slightly in June though it still remains positive despite headwinds. 24/7 Wall St. – Insightful Analysis and Commentary for U.S.
A shortage of housing and falling mortgage rates should make homebuilders happier than ever, but apparently, they’re not. A monthly survey of builder sentiment fell 2 points in June to 67, and May’s reading was revised down by 1 point. While anything above 50 is considered positive on the National Association of Home Builders survey, [.]
3 Things to Know in the Housing Market Today! 3 Things to Know in the Housing Market Today! Posted on June 12, 2019 by Hilary Blaha. A lot is happening in the world, and it’s having a direct impact on the housing market. The reality is this: some of it is positive and some of it may be negative. Some we just don’t know yet.
U.S. home-builder confidence slipped in June, a sign of weakening sentiment in a key sector of the economy.
They are the next steps in a dissolution that some of us worry could happen. The handmaids gather around June, sweeping.
Builder Confidence Slips Two Points in July, Remains Solid WASHINGTON, July 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 the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).