The National Association of Home Builders (NAHB) reported that home builder sentiment lost its momentum in October and posted a seasonally adjusted reading of 54 in its Home Builder Market Index. This reading was five points lower than expected and also five points...
NAHB
What’s Ahead For Mortgage Rates This Week – Sept 15, 2014
Last week's housing related economic reports were slim, but an unexpected increase in weekly jobless claims gained attention. Analysts calmed concerns by noting that last week's reading of 315,000 new jobless claims was not far removed from jobless claim levels before...
What’s Ahead For Mortgage Rates This Week – Aug 25, 2014
Last week's economic news brought several reports related to housing. The National Association of Home Builders (NAHB) Wells Fargo Housing Market Index for August rose by two points to 55, which was its highest reading in seven months. Components of the NAHB HMI...
What’s Ahead For Mortgage Rates This Week – Aug 18, 2014
Last week's economic news brought little housing-related content, but several economic reports in other sectors contributed to overall perceptions of the economy. In a speech given in Sweden, Fed Vice President Stanley Fischer noted that the economy might be in a...
What’s Ahead For Mortgage Rates This Week – May 19, 2014
Last week's economic news was relatively flat, but highlights include the NAHB Housing Market Index for May, which posted its lowest reading since May 2013. Although analysts expected a May reading of 48, the May 2014 index reading was 45 as compared to April's...
What’s Ahead For Mortgage Rates This Week – April 21, 2014
Last week's economic news supported the general outlook for moderate economic growth. Housing related news included the National Association of Home Builders / Wells Fargo Housing Market Index for April and Housing Starts for March. NAHB: Builder Confidence Holds...
NAHB Housing Market Index Ticks Upward
Spring is almost here, and the National Association of Home Builders Housing Market Index (NAHB HMI) thawed slightly in March. The current reading of 47 is one point higher than for February, but still indicates pessimism among a majority of builders surveyed....
Builder Confidence In New Home Sales Stay Near All Time High
Many times real estate market experts point to the feelings of the nation's home builders as a bell-weather signalling the health of the housing sector. This month's reading indicates that home builders are feeling pretty good. The National Association of Home...
Over 70% Of US Metro Market Housing Markets Improve In February
The National Association of Homebuilders recently released its Improving Markets Index for the month of February. The report attempts to identify U.S. metropolitan areas in which the economy is improving, demonstrating "measurable and sustained growth". 259 U.S....
Homebuilder Confidence Nearly Triples In 2 Years
The National Association of Homebuilders (NAHB) Housing Market Index ended its 8-month winning streak this month, posting a value of 47. The January 2013 reading is on level with last month, and remains at a near 7-year high. The Housing Market Index (HMI) is a...