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Tag Archives: Confidence

Survey: Consumers Hopeful About Housing in 2015

The level of optimism for the housing market in the United States is at its highest point as it has been at any point during the recovery, according to a recent survey conducted by Trulia. Of those surveyed, 74 percent said that homeownership was part of the American Dream, tying its post-recession high set in Q4 2013.

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Lenders Show ‘Tepid Optimism’ in Business Outlook

Along a one to 10 scale with one being "much worse" and 10 being "much better," 34 percent of respondents said they expected business conditions to be "a little better" in six months (a six on the scale), while 22 percent said they expected business conditions to be "a little worse" (a five on the scale), the Collingwood Group reported.

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Builder Confidence Rebounds After October Drop

The National Association of Home Builders' (NAHB) Housing Market Index, a closely watched gauge of builder sentiment, rose four points in the latest reading to a level of 58, the group reported. The increase followed a five-point drop in October and put the index close to its September reading of 59, a nearly nine-year high.

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Consumer Spending Indicator Drops in October

Deloitte's Consumer Spending Index, a gauge of cash flow as a measure of future spending, came in at 4.1 in the firm's October reading, down from 4.4 in September. The biggest contribution to October's decline was new home prices, which fell 9.8 percent month-over-month to a median $109,000.

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Confidence Builds for 55+ Market

The National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) measured at a reading of 59 last quarter, up three points from Q2 and nine points from the same quarter last year. It was the highest third-quarter reading since the index was created in 2008, the group said.

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Consumer Sentiment Rises to Seven-Year High

The Thomson Reuters/University of Michigan Index of Consumer Sentiment climbed to 86.9 in its final October reading, up from 84.6 in September and 73.2 last year. October's index was the highest since July 2007, the group conducting the survey reported.

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Seller Confidence Wavers as Housing Market Finds Balance

Out of hundreds of home sellers surveyed nationwide earlier this month, only 35.1 percent said now is a good time to sell a home in their neighborhood, according to the latest Real-Time Seller Survey from Redfin. The response reflects a decline of more than 17 percentage points from the second-quarter survey, which found more than half of sellers felt they had an advantage in the market.

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Builder Confidence Ends Growth Streak in October

The National Association of Home Builders' (NAHB) index of builder sentiment fell in October, ending a four-month streak of gains that resulted in a nine-year peak. The group's Housing Market Index, a measure of homebuilder confidence in the market for newly built, single-family homes, lost five points in this month’s reading, bringing it to 54. An index value above 50 indicates market perceptions are more positive than negative.

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Despite Financial Security, More Americans Cutting Spending

In survey findings released Tuesday, Bankrate.com reported that two-thirds of American consumers are now limiting how much they spend each month. Of those who have had to draw their purse strings tighter, 32 percent cited stagnant income as the main reason, while 29 percent said they need to save more. Sixteen percent cited worries about the economy in general.

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