NAHB: Builder confidence ends four months of consecutive increase

NAHB: Builder confidence ends four months of consecutive increase "This is the first time that builder confidence has improved for three consecutive months since mid-2009, which signifies a legitimate though slowly emerging upward trend," said NAHB Chief.

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NAHB: Builder confidence ends four months of consecutive increase Construction spending falls for third consecutive month Builder confidence climbs to highest level in months

From NAHB: Builder Confidence Holds Firm in July Builder confidence in the market for newly-built single-family homes rose one point to 65 in July, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. This marks the sixth consecutive month that sentiment levels have held at a.

NAHB: Builder confidence ends four months of consecutive increase Multifamily developers’ confidence falters for third consecutive quarter Kelsey Ramrez is an Associate Editor at HousingWire.

This graph shows the builder confidence index from the National Association of Home Builders (NAHB). The housing market index (HMI) increased to 16 in May from 14 in April from. The record low was 8 set in January. The increase in April and May followed five consecutive months at either 8 or 9.

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Three month rolling averages for the four regions charted by NAHB also dropped. The Northeastern region was 2 points lower at 47; the Southern region also lost two points for a reading of 59. The Midwestern region lost one point for a reading of 57 and the Western region dropped three points for a reading of 72.

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NAHB: Homebuilder confidence reaches 6-month high – NAHB: Homebuilder confidence hits five-year high nahb: builder confidence ends four months of consecutive increase Brena Swanson is formerly the Digital Reporter for HousingWire.