Home Builder Confidence Hits Five-Month High » Mortgage Masters Group

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If new home builders and residential. housing segment has backslid from a cycle high in Q4 2017, and fell 6 points sequentially from 2nd quarter to third quarter last year might evidence erosion of.

Builder sentiment for current market conditions gained five points for a reading of 75. The index reading for builder perception of market conditions in the next six months also rose five points to an October reading of 78. Builder sentiment for home buyer traffic in new home developments rose one point to 48.

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NAHB: Home Builder Confidence Highest in 12 Years CBC National Bank Home Building Tips 0 Comment According to the National Association of Home Builders Housing Market Index for March, builder confidence in market conditions reached its highest level in 12 years and was six points higher than February’s index reading of 65.

A gauge of confidence among home builders rose in September to the highest level in almost nine years, as builders’ views on present and upcoming sales rose.. Home-builder confidence hits.

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Builder Confidence at 8-Month High.. Builder confidence in the market for newly built single-family homes rose to its highest level since March and the second highest on record since 2005. The National Association of Home builders/wells fargo housing market index rose by two points to 70 in.

Strip out a home. restore confidence in the housing market, improve opportunities to save and get people back to work." In the Chicago area, poorer communities often are hit first by a weakening.