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Tag Archives: Housing Market Index

The Week Ahead: Gauging Builder Confidence

Data from the housing market index released by the National Association of Home Builders will analyze builders’ perception of the housing market’s performance. Here’s what else is in store in The Week Ahead.

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Tax Reform Impacts Housing and Consumer Sentiment

On Friday, the latest on household consumer sentiment data will be released—reporting the largest decline in sentiment due to the impact of the tax reform on housing. See what else the report discovers and find out what’s coming in The Week Ahead.

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Index Reveals Strong Over-55 Housing Market

Despite the HMI’s positive overall outlook, however, the index for single-family housing sales actually dropped by one point over the last quarter, decreasing from 59 to 58. According to the Emrath, this was likely due to a drop in buyer traffic, caused by rough winter weather throughout many parts of the country.

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Builder Sentiment Picks Up to Five-Month High

The National Association of Home Builders' (NAHB) Housing Market Index (HMI), released Monday in collaboration with Wells Fargo, registered 49 this month, up from 45 in May. A value below 50 indicates more builders view market conditions as "poor" rather than "good." Despite falling one point short of the benchmark, the moderate uptick in sentiment "is a welcome sign and shows some renewed confidence in the industry," said NAHB chairman Kevin Kelly.

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Disappointing Sales Knock Down Builder Confidence

The National Association of Home Builders (NAHB) released Thursday its Housing Market Index (HMI) for May, reporting another slip in builder confidence as single-family home sales continue to disappoint. The index, a gauge of homebuilder sentiment toward the single-family housing market, dropped to 45 from a downwardly revised reading of 46 in April. A score below 50 indicates a market viewed by more builders as “poor” rather than “good.”

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