Posts with tag builder sentiment

U.S. Home Sales Dip 1.7% on Tight Inventory

WASHINGTON -- U.S. sales of previously occupied homes fell in September after hitting a two-year high in August, in part because there were fewer homes available for sale. The National Association of Realtors said Friday that sales of existing homes in the U.S. dipped 1.7 percent to a seasonally adjusted annual rate of... Continue Reading »

U.S. Homebuilder Confidence Surges to 6-Year High

By Alex Veiga LOS ANGELES -- Confidence among U.S. homebuilders rose this month to its highest level in six years and many expect the housing recovery will strengthen in the next six months. The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday increased to 40 in September. That's... Continue Reading »

Homebuilder Sentiment Rises to 5-year High

By Leah Shnurr NEW YORK, Aug 15 (Reuters) - U.S. homebuilder sentiment rose in August to its highest level in more than five years, a fresh sign that the battered housing market is turning the corner, data from the National Association of Home Builders showed on Wednesday. The NAHB/Wells Fargo Housing Market index gained... Continue Reading »

New Homes Coming

More green shoots for the housing markets: Builders started digging the foundations of new homes in November at a seasonally-adjusted annual rate of 574,000 per year, according to the U.S. Census. That's up 9 percent from the annualized rate of 527,000 starts for October, a slow and unusually rainy month, and closer to... Continue Reading »

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