NAHB: Home Builder Confidence Near 1999 High

2020-02-20T13:40:17-05:00Market Outlook|

The National Association of Home Builders reported a housing market index reading of 74 in February; the index reading was one point lower than for January and was only two points below the highest reading of 76 reported in December. Readings over 50 indicate that most builders consider housing market conditions to be positive.

What’s Ahead For Mortgage Rates This Week – December 23rd, 2019

2019-12-23T13:40:10-05:00Financial Reports|

Last week's economic reports included readings from the National Association of Home Builders on housing markets; the National Association of Realtors(R) released data on sales of previously-owned homes and the Commerce Department released readings on housing starts and building permits issued. Weekly reports on mortgage rates and new jobless claims were also released.

NAHB: Housing Market Index Rises 1 Point in July

2019-07-17T12:40:10-04:00Market Outlook|

Home Builder sentiment rose one point in July according to the National Association of Home Builders Housing Market Index. 2019 builder confidence in housing market condition continued to fall short of 2018 levels. July's Housing Market Index reading of 65 was one point higher than June's reading.

NAHB: Home Builder Confidence Rises in April

2019-04-18T12:40:09-04:00Market Outlook|

Home builder confidence increased in April to an index reading of 63, which was one point higher than for March and the highest reading in six months. Analysts said that April's reading revealed more about housing market conditions in the past six months than it was an indicator of future market conditions.

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