Homebuilding Confidence Slips this Month. Homebuilding Confidence Slips this Month. June 18, 2019. Survey measures first drop of 2019. 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.
Builder confidence dipped in March, falling for the third consecutive month, however it is still at a high level historically, according to the latest Housing Market Index released by the National.
NAHB: Builder Confidence Slips in June. Homebuilder confidence dropped two points in June according to the National Association of Home Builders Housing Market Index. June’s index reading was 64, which indicates strong sentiment among home builders for current housing market conditions.
Homebuilder Confidence Slips in September.. The drop in the HMI may signal some moderation in new home sales and homebuilding during the latter part of 2017. The confidence level among the nation’s homebuilders slipped slightly in the first month of 2018 after reaching an 18-year. taxes is also expected to hurt sales to quite an extent.
U.S. homebuilders are feeling less confident this month in their near-term sales prospects, reflecting doubts stirred by a sluggish start to the annual spring home-selling season.
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.
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.
· U.S. homebuilding tumbled to a more than two-year low in December as construction of both single and multi-family housing declined, the latest indication that the economy had lost momentum in the fourth quarter. Economists polled by Reuters had forecast that housing starts would slip to a pace of 1.250
Builder Confidence Falters Slightly After Hurricanes 0 Comments Last month’s massive storms in Texas and Florida caused a slight slip in the confidence index but experts say it’s only temporary
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· Confidence among U.S. homebuilders slumped in June to the lowest level in nine months as executives turned more pessimistic on the outlook for sales, a.
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, Builder Confidence Slips in January, Strains.