Homebuilder confidence remains at 6-month low

National City Takes $200 Million Charge, Sees Fourth Quarter Earnings Pressure Homebuilder confidence remains at 6-month low June Existing Sales Slow By Stephen Melman on July 24, 2017 (). Existing home sales decreased 1.8 % in June, but remain 0.7% above the pace a year ago.

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13:35 ET Subscribe to our weekly e-newsletter, Top News. Homebuilder confidence remains high. The confidence of U.S. homebuilders remained strong in July, according to the latest survey data of the nation’s builders.

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Confidence. picture remains fairly bleak due to the weak economy and job market.” Estimates of the 48 economists surveyed by Bloomberg ranged from 13 to 16. The gauge, which was first published in.

Homebuilder confidence remains at 6-month low. Alcynna Lloyd is a reporter at HousingWire. Lloyd has a degree in broadcast journalism from the University of North Texas. She previously interned.

“This is the first time that builder confidence has been above 50 since January and an important sign that it is strengthening as pent-up demand brings more buyers into the marketplace,” said NAHB.

Homes sales activity has slowed marginally, but low interest rates should continue to give a. many prospective buyers to.

LOS ANGELES – A key gauge of homebuilders’ confidence remained at a record low this month, as builders continued to be overwhelmingly discouraged in the prospects of a housing turnaround amid a.

The Housing Market Index (HMI) is based on a monthly survey of NAHB members designed to take the pulse of the single-family housing market. The survey asks respondents to rate market conditions for the sale of new homes at the present time and in the next six months as well as the traffic of prospective buyers of new homes.

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Builder Confidence Remains Strong as New Year Starts.. Home builder confidence remains strong into the new year | Mid America Mortgage, Inc.. NAHBNow is the official blog of the National Association of Home Builders and your one-stop source for home building industry news, product.

The index, a measure of homebuilder confidence, gained last month as. but that could be tempered if the current labor market remains robust. “ongoing job growth, favorable demographics and a.

Despite eight months of gains, the confidence gauge remains below the key reading. nahb’s chairman and a Gainesville, Fla., home builder. Tampa, Charlotte among gainers. U.S. homeownership at.

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