Builder Confidence Declined in June but Remained Positive

Despite growing economic uncertainty, builder confidence remained solid in June, according to the National Association of Home Builders/Wells Fargo housing market index (HMI). Confidence for newly-built single-family homes fell two points to 64, but sentiment levels have held at a steady range in the low- to mid-60s for the past five months.

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U.S. homebuilders lost a little confidence in the housing market this month but remain generally upbeat ahead of the spring home-selling next season. released thursday dipped to 56. That’s down.

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U.S. Housing Starts Decline in June. of Home Builders (NAHB), saw a more positive outlook for the future. "The monthly pick up from May to June in single-family starts is in line with the slight rise in our latest builder confidence survey, as demand remains solid due to a healthy.

WASHINGTON, D.C. – (RealEstateRama) – Confidence in the multifamily housing market remained positive in the first quarter of 2018, according to the Multifamily Production Index (MPI) and the.

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Builder Confidence Remained Solid in October The National Association of Home Builders/Wells Fargo Housing Market Index was 63 in October, down from a reading of 65 in September, but still well above the peak of 61 over the prior nine months.

U.S. home-builder confidence slipped in June, a sign of weakening sentiment in a key sector of the economy.

Builder Confidence Remains Solid in June. "Builder confidence levels have remained consistently sound this year, reflecting the ongoing gradual recovery of the housing market," said NAHB Chairman Granger MacDonald, a home builder and developer from Kerrville, Texas. "As the housing market strengthens and more buyers enter the market,

In June, the NAHB home builder confidence index declined by 2 points to 64. The decline was largely attributable to the specter of fresh tariffs on Mexican imports. This is why the decline is.

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"For the past six months, builder confidence has remained in a relatively narrow positive range that is consistent with the ongoing gradual housing recovery that is underway," said NAHB.

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