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NAHB: Builder Confidence Falls For 6th-Straight Month

NAHB: Builder Confidence Falls For 6th-Straight Month

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NAHB: Builder Confidence Falls For 6th-Straight Month
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NAHB: Builder Confidence Falls For 6th-Straight Month
NAHB: Builder Confidence Falls For 6th-Straight Month
NAHB: Builder Confidence Falls For 6th-Straight Month
NAHB: Builder Confidence Falls For 6th-Straight Month
nationalmortgageprofessional nationalmortgageprof... | 1 year ago
Construction Industry News NAHB: Builder Confidence Falls For 6th-Straight Month David Krechevsky Jun 15, 2022 NAHB/Wells Fargo Housing Market Index fell two points in June to 67, the lowest HMI reading since June 2020.  Builder confidence continued to slide for the sixt...
Construction Industry News NAHB: Builder Confidence Falls For 6th-Straight Month David Krechevsky Jun 15, 2022 NAHB/Wells Fargo Housing Market Index fell two points in June to 67, the lowest HMI reading since June 2020.  Builder confidence continued to slide for the sixt...
Housing starts rise in August even as builder confidence falls
Housing starts rise in August even as builder confidence falls
Housing starts rise in August even as builder confidence falls
Housing starts rise in August even as builder confidence falls
housingwire housingwire | 1 year ago
The number of housing starts rose higher than anticipated in August, but future looks gloomy with a drop in building permit demand. The post Housing starts rise in August even as builder confidence falls appeared first on HousingWire.
The number of housing starts rose higher than anticipated in August, but future looks gloomy with a drop in building permit demand. The post Housing starts rise in August even as builder confidence falls appeared first on HousingWire.
More homebuilders lower prices as sentiment falls for ninth straight month
More homebuilders lower prices as sentiment falls for ninth straight month
More homebuilders lower prices as sentiment falls for ninth straight month
More homebuilders lower prices as sentiment falls for ninth straight month
Broadcast Media Production and... Broadcast Media Prod... | 1 year ago
More builders are lowering prices for homes as their confidence in the market continues to tumble. Homebuilder sentiment in September fell 3 points to 46 in the National Association of Home Builders/Wells Fargo Housing Market Index. Anything below 50 is considered negative. That is the ninth straight month of declines and the lowest level since May of 2014, with the exception of a short-lived drop at the start of the coronavirus pandemic in 2020. Sentiment was at 83 in January of this year, wh...
More builders are lowering prices for homes as their confidence in the market continues to tumble. Homebuilder sentiment in September fell 3 points to 46 in the National Association of Home Builders/Wells Fargo Housing Market Index. Anything below 50 is considered negative. That is the ninth straight month of declines and the lowest level since May of 2014, with the exception of a short-lived drop at the start of the coronavirus pandemic in 2020. Sentiment was at 83 in January of this year, wh...
Pending home sales dip for sixth straight month
Pending home sales dip for sixth straight month
Pending home sales dip for sixth straight month
Pending home sales dip for sixth straight month
Broadcast Media Production and... Broadcast Media Prod... | 1 year ago
CNBC's Diana Olick joins 'Squawk on the Street' to report on realtors pending home sales being down for the sixth-straight month.
CNBC's Diana Olick joins 'Squawk on the Street' to report on realtors pending home sales being down for the sixth-straight month.
Mortgage credit declines for fourth straight month
Mortgage credit declines for fourth straight month
Mortgage credit declines for fourth straight month
Mortgage credit declines for fourth straight month
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
Mortgage credit availability declined for the fourth straight month in June, but conventional offerings saw a rebound, as rate volatility continues to weigh on the market, according to the Mortgage Bankers Association.The Mortgage Credit Availability Index, or MCAI, a measure of home-loan-product availability based on MBA analysis of ICE Mortgage Technology data, edged down 0.3% to a reading of 119.6, falling from 120 in May, but up from 118.6 in June 2021. The current level is the lowest since...
Mortgage credit availability declined for the fourth straight month in June, but conventional offerings saw a rebound, as rate volatility continues to weigh on the market, according to the Mortgage Bankers Association.The Mortgage Credit Availability Index, or MCAI, a measure of home-loan-product availability based on MBA analysis of ICE Mortgage Technology data, edged down 0.3% to a reading of 119.6, falling from 120 in May, but up from 118.6 in June 2021. The current level is the lowest since...
Construction output falls for second month
Construction output falls for second month
Construction output falls for second month
Construction output falls for second month
Construction news, jobs and co... Construction news, j... | 1 year ago
The slide in monthly construction output in July came solely from a decrease in repair and maintenance (-2.6%) as new work saw a slight increase (0.3%) on the month. At the sector level, the main contributors to the decrease were public housing new work, and public and private housing repair and maintenance, which decreased 13.1%, 8.0% and 2.6%, respectively. As well as a slowdown in these sectors, number crunchers at the Office for National Statistics  also blamed extreme heat for stopping w...
The slide in monthly construction output in July came solely from a decrease in repair and maintenance (-2.6%) as new work saw a slight increase (0.3%) on the month. At the sector level, the main contributors to the decrease were public housing new work, and public and private housing repair and maintenance, which decreased 13.1%, 8.0% and 2.6%, respectively. As well as a slowdown in these sectors, number crunchers at the Office for National Statistics  also blamed extreme heat for stopping w...
U.S. Existing Homes Sales Fall for Third Straight Month in April
U.S. Existing Homes Sales Fall for Third Straight Month in April
U.S. Existing Homes Sales Fall for Third Straight Month in April
U.S. Existing Homes Sales Fall for Third Straight Month in April
www.realtor.com www.realtor.com | 1 year ago
The numbers: Existing-home sales fell 2.4% to a seasonally adjusted annual rate of 5.61 million in April, the National Association of Realtors said Thursday. Compared with April 2021, home sales were down 5.9%. Economists polled by the Wall Street Journal had expected an decrease to 5.64 million units. This is the third straight monthly decline and comes as mortgage rates have spiked and prices have risen. Key details: Scarcity of homes for sale continued to be a major factor. The total invent...
The numbers: Existing-home sales fell 2.4% to a seasonally adjusted annual rate of 5.61 million in April, the National Association of Realtors said Thursday. Compared with April 2021, home sales were down 5.9%. Economists polled by the Wall Street Journal had expected an decrease to 5.64 million units. This is the third straight monthly decline and comes as mortgage rates have spiked and prices have risen. Key details: Scarcity of homes for sale continued to be a major factor. The total invent...
Construction input prices fall for second straight month
Construction input prices fall for second straight month
Construction input prices fall for second straight month
Construction input prices fall for second straight month
constructiondive constructiondive | 1 year ago
Dive Brief: Nonresidential construction input prices dipped for a second consecutive month in August, providing more evidence that construction material costs peaked in June and supporting newfound optimism in the sector.   Prices for steel mill products, crude petroleum and softwood lumber were down 5.7%, 5.3% and 3.1%, respectively, for the month, while cost for all nonresidential supplies moderated 1.4%, according to an Associated Builders and Contractors analysis of Bureau of Labor Statist...
Dive Brief: Nonresidential construction input prices dipped for a second consecutive month in August, providing more evidence that construction material costs peaked in June and supporting newfound optimism in the sector.   Prices for steel mill products, crude petroleum and softwood lumber were down 5.7%, 5.3% and 3.1%, respectively, for the month, while cost for all nonresidential supplies moderated 1.4%, according to an Associated Builders and Contractors analysis of Bureau of Labor Statist...
Home price growth slowed for third straight month in May
Home price growth slowed for third straight month in May
Home price growth slowed for third straight month in May
Home price growth slowed for third straight month in May
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
Amid recent reports of a cooling market, the rapid acceleration of home prices showed signs of further moderation in May, according to data from the Federal Housing Finance Agency.The FHFA’s Home Price Index, which measures price changes through the analysis of data from all 50 states and over 400 cities, increased on a year-over-year basis by 18.3% in May and by 1.4% from the previous month. While still elevated, the rate of growth slowed from 18.8% between May 2020 and May 2021 and a downwa...
Amid recent reports of a cooling market, the rapid acceleration of home prices showed signs of further moderation in May, according to data from the Federal Housing Finance Agency.The FHFA’s Home Price Index, which measures price changes through the analysis of data from all 50 states and over 400 cities, increased on a year-over-year basis by 18.3% in May and by 1.4% from the previous month. While still elevated, the rate of growth slowed from 18.8% between May 2020 and May 2021 and a downwa...
U.S. Housing Starts Fall in June for the Second Straight Month
U.S. Housing Starts Fall in June for the Second Straight Month
U.S. Housing Starts Fall in June for the Second Straight Month
U.S. Housing Starts Fall in June for the Second Straight Month
www.realtor.com www.realtor.com | 1 year ago
The numbers: Construction started on new U.S. homes fell a seasonally adjusted 2% in June to 1.56 million, the Commerce Department said Tuesday. The annual rate of total housing starts fell 6.3% from the previous year. Construction on homes is at the lowest level since last September. Economists polled by the Wall Street Journal expected housing starts to rise to a 1.59 million rate from June’s initial estimate of 1.55 million. In May, housing starts were revised from a drop of 14.4% to 1.55 ...
The numbers: Construction started on new U.S. homes fell a seasonally adjusted 2% in June to 1.56 million, the Commerce Department said Tuesday. The annual rate of total housing starts fell 6.3% from the previous year. Construction on homes is at the lowest level since last September. Economists polled by the Wall Street Journal expected housing starts to rise to a 1.59 million rate from June’s initial estimate of 1.55 million. In May, housing starts were revised from a drop of 14.4% to 1.55 ...