Confidence amongst homebuilders failed to improve in December, after plummeting to a new all-time low in November. Though the headline result remained the same, two of the three components reported more pessimistic results than in November. Issued by Wells Fargo and the National Association of Home Builders...
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...
There is an old Western expression that a person's mood is "lower than a snake's belly." Well lift up that snake and you just might find a home builder under it. The National Association of Home Builders ( NAHB ) released the results of its monthly survey of builder confidence on this week and found...
Residential building permits and housing starts continued to fall in July with the latter measure of the nation's economic health dropping more than at any time since January 1997. The monthly report on new residential construction issued by the U.S. Census Bureau and the U.S. Department of Housing and...
Builders pulled residential construction permits at a seasonally adjusted annual rate of 1,429,000 units in April. This was an 8.9 percent decline from the seasonally adjusted March rate of 1,569,000 and is down 28.1 percent from the revised April 2006 rate of 1,987,000 according to the monthly report...
Right on the heels of the National Association of Realtors rather glum report on the sale of existing houses during the fourth quarter of 2006 the U.S. Census Bureau and the U.S. Department of Housing and Urban Development released their monthly joint report on housing starts and housing permits for...