Sep 19th 2011 12:00PM
Homebuilder optimism remains limited, despite historically low mortgage interest rates as demand just isn't there, according to the latest National Association of Home Builders index. The NAHB and Wells Fargo (WFC: 24.25 -2.81%) survey builders to gauge perceptions of the new, single-family home market for the next six... Continue Reading »
Aug 15th 2011 12:45PM
WASHINGTON - Homebuilders are just as pessimistic about the depressed housing market as they were two years ago. The National Association of Home Builders said Monday that its index of builder sentiment in August was unchanged at 15. The index has been below 20 for all but one month during the past two years. Any reading... Continue Reading »
Jul 18th 2011 11:01AM
WASHINGTON -- The outlook among U.S. homebuilders became a bit rosier in June, but the future prospects for home construction are anything but promising. An index of builders' outlook for their industry in June rose two points to 15, the National Association of Home Builders said on Monday. Any reading below 50 indicates... Continue Reading »
May 16th 2011 10:44AM
Homebuilder confidence remained flat in May, as tight credit and a glut of distressed properties on the market continue to deflate expectations. The National Association of Home Builders/Wells Fargo Housing Market Index, which gauges builder confidence on three criteria -- current home sales, projected sales in six months... Continue Reading »
Apr 18th 2011 10:37AM
The spring home buying season may be off to a slow start, as homebuilder confidence slipped back into a five-month holding pattern, according to a report released Monday. Builder confidence fell to a score of 16 this month after climbing to a year-high of 17 in March, according to the National Association of... Continue Reading »
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