Builder Confidence Strong Despite June Letdown

Builder confidence for newly built single-family homes is on the decline, yet overall confidence is still very high. The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) slipped two points in June to a reading of 64, the first month-to-month drop since December. However, this is the fifth consecutive month in the 60s.

Despite this, we still covered the dividend. by homebuilders have increased meaningfully. In addition builder confidence remains strong, mortgage rates have returned to more affordable levels.

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Builder Confidence Remains Strong as New Year Starts By Robert Dietz on January 17, 2018 (). Builder confidence in the market for newly-built single-family homes dropped two points to a level of 72 in January on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) after reaching an 18-year high in December 2017.

Builder confidence for the single-family housing market experienced its biggest increase in nearly a year in June, though sentiment still remains on the negative side. Despite falling one point.

A monthly survey of builder sentiment fell two points in June to 67, and May’s reading was revised down a point. June homebuilder confidence slips despite strong demand for new homes CNBC Business.

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Builder Confidence Strong Despite June Letdown.. Nacm Blog. Builder confidence for newly built single-family homes is on the decline, yet overall confidence is still very high. The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) slipped two points in June to a.

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Jaynes said that despite the devastating loss of Nurkic. but lost 4-1 to the Houston Rockets in the first round of the playoffs. That was a bit of a letdown after a their big run to the Western. Indiana Builders Association says builder confidence remains strong despite drop in building permits for new homes in September November 1, 2018 by.

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) remained solid at 64 in June. Builder confidence in the market for newly-built single-family has held in the.