Feb 15th 2012 2:00PM
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 »
Dec 19th 2011 12:20PM
WASHINGTON -- Rising interest from would-be buyers is leaving U.S. homebuilders less pessimistic about the housing market. But tighter lending standards are still keeping many potential buyers from purchasing new homes. The National Association of Home Builders/Wells Fargo builder sentiment index rose two points to 21 in... Continue Reading »
Nov 16th 2011 12:30PM
WASHINGTON -- U.S. homebuilders are feeling a little less pessimistic about the struggling housing market. But their mood hasn't changed enough to signal a recovery anytime soon. The National Association of Home Builders says its builder sentiment index rose to 20 in November. That's the highest level since May 2010... Continue Reading »
Oct 18th 2011 11:30AM
Finally, a bit good news in the housing market. October's NAHB/Wells Fargo Housing Market Index, released today, is up four points -- the biggest jump in a year and a half. The index, which measures homebuilders' confidence in the health of the single-family home market, is an indication that, in some places at least, the... Continue Reading »
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 »
