Builder confidence edges up in June

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which measures confidence in the single-family home market, edged up to 47 in April from 46 in March, the homebuilders group reported Tuesday. Readings below 50 mean builders view sales conditions as.

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What happened: Home builder confidence slid throughout 2018 as the housing outlook darkened, but seemed to be perking up, along with the broader market, earlier this year. In June, the gauge of.

“The monthly pick up from May to June in single-family starts is in line with the slight rise in our latest builder.

RISMEDIA, December 21, 2009-Builder confidence in the market for newly built. “As we anticipated, this is shaping up to be a bumpy recovery period for the housing market,” noted NAHB Chief.

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Meanwhile, the association’s index measuring builder confidence reached its highest level in four years during the month of June.

Builder confidence in the. of the South posted modest increases in confidence. “Low gas prices have especially helped lower income households, although consumers now widely anticipate that gas.

Total housing starts posted strong gains in January, up almost 10% to a 1.33 million seasonally adjusted annual rate. Builder confidence reached a nearly 19-year high at the end of 2017,. New Home Sales Edge Higher in June.

Builder confidence edges up Builder confidence rose marginally in August on mixed news about the economy, the National Association of Home Builders (NAHB) reported on Monday. Confidence in the market for present and future homes sales rose in the month, but builders say buyer traffic is weak, according to the NAHB/Wells Fargo Housing Market.

US home builder confidence edges up . Tuesday. The index had been above 50 from June through January. Builders recently have complained that they can’t find enough workers or lots to build on.

BIA Member, M/I Homes opened up nearly 80 homes in Grandview Yard this past weekend. builder confidence solid in June Amidst Growing Economic Uncertainty. Builder.. Housing Affordability Edges Lower in the Third Quarter.

Builder confidence edged down slightly in April as supply places a strain on. products are pushing up prices and hurting housing affordability.

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