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...
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...
Housing starts in August hit the lowest level on an annualized basis since July 1995. The U.S. Census Bureau and the U.S. Department of Housing and Urban Development released a joint report on Wednesday showing that privately owned housing starts in August were at a seasonally adjusted annual rate of...
The National Association of Home Builders ( NAHB ) in partnership with Bank of America Home Equity recently completed a study that should be of interest to home owners and home buyers, especially those that are buying or living in homes that have been around for a while. The Study of Life Expectancy...
Home builders are growing increasingly more confident about the economy and the real estate market and that was reflected in the most recent report on residential construction in the U.S. for the month of January. The National Association of Home Builders and Wells Fargo released their Housing Market...