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Home Today's Headlines ATW Forums Q&A Mortgage Rates Top Stories Home Builder Confidence Falls. Foul Weather and Distressed Sales Cited as Reason In March, Builder confidence lost the small amount of progress seen in February, falling two points to 15 where the index sat in January. The NAHB cites...
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New economic data will be in short supply this week but the few releases that will be published do concern the housing market. Monday gives a look at homebuilder confidence, Tuesday gives data on new construction, and Thursday will show the survey week results for Jobless Claims. Further Details: The...
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Confidence amongst home builders was unchanged in March, according to a report issued by Wells Fargo and the National Association of Home Builders (NAHB) on Monday. The housing market index came in at 9 in March, as expected, following the previous reading of 9 in February. The index, which has a 22...
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There are new incentives to get people to buy homes.
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Confidence amongst home builders moved up slightly from an all-time low in February, according to a report issued by Wells Fargo and the National Association of Home Builders (NAHB) on Tuesday. The housing market index rose to 9 in February, following the previous record low reading of 8 in January....
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Confidence amongst homebuilders fell to a new all-time low in January, according to a report issued by Wells Fargo and the National Association of Home Builders (NAHB) on Wednesday. The housing market index dropped to a reading of 8 in January, following the previous record low reading of 9 in December...
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Plans for constructing new homes in the United States fell to its lowest level on record in November, as the annualized pace of building plans dropped well beyond expectations with a near-20% decline in a single month. U.S. housing starts plummeted to an annualized pace of 625,000, representing a month...
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A report from Wells Fargo and the National Association of Home Builders (NAHB) reports that confidence amongst homebuilders has plummeted to an all-time low in October. The housing market index, a measure of builder confidence in the U.S., fell three points to 14, following a downwardly revised reading...
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A report from Wells Fargo and the National Association of Home Builders (NAHB) suggests that confidence amongst homebuilders has improved in September as the housing market index, which measures builder confidence, ticked up 2 points to 18. The index, which is made of three components, has a 22-year...
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A report from Wells Fargo and the National Association of Home Builders (NAHB) suggests that homebuilders remained at record-gloomy levels in August as the housing market index, which measures builder confidence, stayed at a record low of 16. The index, which is made of three components, has a 22-year...
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Former Federal Reserve chairman Alan Greenspan offered a bit of optimism about the housing market in an interview this week with David Wessel of the Wall Street Journal. Greenspan said that he expects housing prices to begin to stabilize in the first half of 2009 although they could continue to drift...
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A report from Wells Fargo and the National Association of Home Builders (NAHB) suggests that homebuilders were even more pessimistic in July as the housing market index fell two points to 16, creating a new historic low in the 22-year index. Three components make up the index, all of which fell in the...
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A report from Wells Fargo and the National Association of Home Builders (NAHB) suggests that homebuilders were even more pessimistic in June as the housing market index fell a single point to 18, matching the historic low of the 22-year index reached last December. The previous month's single-point drop...
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Both the number of permits issued to build privately-owned housing units and the number of units for which construction started were up in April although still lagging considerably below figures for April 2007. According to a joint report issued by the U.S. Census Bureau and the U.S. Department of Housing...
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Home builders, who have been feeling the squeeze on the selling side of their business for months, are now reporting that they are caught in a crunch on the development side as money for land acquisition, development, and home construction is drying up. While the spill-over from the subprime crises has...