Posts with tag National Association of Home Builders

By Christopher S. Rugaber WASHINGTON -- Americans bought fewer new homes in June after sales jumped to a two-year high in May. The steep decline suggests a weaker job market and slower growth could make the housing recovery uneven. The Commerce Department said Wednesday that sales of new homes fell 8.4 percent last... Continue Reading »

By Kerri Ann Panchuk Homebuilder confidence rose six points in July, its steepest one-month increase in over a decade, according to a new report from the National Association of Home Builders. The NAHB released the Housing Market Index that it compiled in tandem with Wells Fargo on Tuesday. The report shows the Home... Continue Reading »

By Martin Crutsinger WASHINGTON -- Americans bought new homes in May at the fastest pace in more than two years. The increase suggests a modest recovery in the housing market is continuing, despite weaker job growth. The Commerce Department said Monday that sales of new homes increased 7.6 percent in May from April to a... Continue Reading »

By Martin Crutsinger Confidence among U.S. builders ticked up this month to a five-year high, an indication that the housing market is slowly improving. The National Association of Home Builders/Wells Fargo builder sentiment index rose in June to 29, the highest reading since May 2007. It increased from a reading of 28... Continue Reading »

WASHINGTON -- U.S. homebuilders are gradually growing more optimistic about the depressed housing market and believe homes sales could pick up sharply when the spring buying season begins. The National Association of Home Builders/Wells Fargo said Wednesday that its builder sentiment index rose for a fifth straight... Continue Reading »