homebuilder confidence - Articles

Homebuilder Confidence Rises, Barely

APBuilders complain of a shortage of workers. By Paul Wiseman U.S. homebuilders' confidence in the housing market rose modestly in April but remained at low levels for the third straight month, constrained by tight credit for homebuyers and a shortage of workers and available land. The National Association of Home... Continue Reading »

Homebuilders' Confidence Rises Slightly

AP By Alex Veiga U.S. homebuilders' confidence in the housing market edged higher this month, reflecting improved demand for new homes as the traditional spring home-selling season ramps up. But the outlook for sales of single-family homes over the next six months dimmed slightly as builders continue to grapple with... Continue Reading »

U.S. Homebuilder Confidence Slips in January

Gregory Bull/AP By Richard Leong NEW YORK -- U.S. homebuilder confidence faded a bit at the start of 2014, although most developers expected the housing recovery to continue, data from the National Association of Home Builders released Thursday showed. The NAHB/Wells Fargo Housing Market Index slipped to 56 points in... Continue Reading »

Homebuilder Confidence Strongest Since 2005

By Alex Veiga Confidence among U.S. homebuilders is at its highest level in nearly eight years, fueled by optimism that demand for new homes will drive sales growth into next year. The brighter sales outlook is the latest sign pointing to a sustained pickup in construction in coming months and comes as applications for... Continue Reading »

Rising Mortgage Rates Might Snarl Sales of New Homes

By Diana Olick Sales of newly built homes rose to their highest level in five years in May, according to numbers compiled by the U.S. Census, but those numbers are at risk of being wrong. They are based on signed contracts, not closings, for homes, many of which have not yet been built. Those contracts were signed well... Continue Reading »

May's Housing Starts Fall Short of Predictions but Hit 5-Year High

Housing starts rose less than expected in May, likely reflecting labor and material constraints, but the overall trend remained consistent with strength in the housing market. Though permits for future home construction fell, that followed a surge in April, which hoisted them above the 1 million-unit mark. The pullback... Continue Reading »

Homebuilder Sentiment Highest in 7 Years in June

By Leah Schnurr NEW YORK, June 17 -- The majority of U.S. homebuilders view conditions in the industry as favorable for the first time since the start of the housing crisis seven years ago, with an industry report showing confidence in the sector surged in June. At the same time, a separate report on Monday showed... Continue Reading »

4 Signs the Housing Recovery Is Stalling

By Mamta Badkar and Matthew Boesler Economists have been cranking up their home price expectations. Some expect home prices to rise 8 percent in 2013. Housing pundit Ivy Zelman has said we're in "nirvana" for housing. But recently we've seen some signs that the recovery is slowing down. First, building permits have... Continue Reading »

Homebuilder Confidence Shaken by Fear of Too Much Demand

By Alex Veiga Confidence among U.S. homebuilders fell this month because of concerns that increased demand for new homes is exceeding supplies of ready-to-build land, building materials and workers. In the short term, those constraints could slow sales. But builders' outlook for sales over the next six months has... 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 »

Homebuilder Confidence Posts Largest 1-Month Jump in a Decade

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 »

U.S. Builder Confidence Reaches 5-Year High

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 »

NAHB Housing Market Index Shows Drop in Builder Confidence

In a slight letdown for housing bulls, homebuilder confidence slipped in April against the backdrop of uninspiring market signs that have tempered the view that a market recovery is accelerating. The National Association of Home Builders/Housing Market Index dipped to 25 in April, the NAHB says, marking a three-point drop... Continue Reading »

Homebuilder Sentiment Rises to Highest Level Since 2007

WASHINGTON -- U.S. homebuilders are growing a little less pessimistic about the depressed housing market after seeing more people say they might be open to buying a home this year. The National Association of Home Builders/Wells Fargo builder sentiment index rose four points to 25 in January. That's the highest level... Continue Reading »

Homebuilder Confidence Rises to Highest Level Since Spring 2010

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 »

Builders' Confidence Slips Again, Despite Low Mortgage Rates

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 »

Housing Outlook: Homebuilder Confidence Stuck in a Rut

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 »

Homebuilders Reel In Hope for Spring

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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