NAHB: Builder confidence ends four months of consecutive increase

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Builder confidence in the market for newly built, single-family homes improved for a fourth consecutive month in August with a two-point gain to 37 on the National Association of home builders/wells fargo housing market index (HMI), released today.

Builder Confidence Unchanged In September : September 17, 2013: Following four consecutive months of improvement, builder confidence in the market for newly built, single-family homes held unchanged in September with a reading of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today.

Following eight consecutive months of increases the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index. a three-point gain to 49 and the West posted a four-point increase.

It was the third consecutive month that home builder confidence increased, according to the NAHB. Much of the increase was driven by the improvement in the rate of unemployment as well as increased interest in new homes from prospective buyers.

Builder confidence. posted the biggest increase, with an eight-point gain to 49 – its highest mark in more than six years. Meanwhile, the component measuring sales expectations for the next six.

Builder confidence in the market for newly built single-family homes reversed course and dropped after four consecutive months of increases, falling five points to a level of 54 on the National.

This graph shows the builder confidence index from the National Association of Home Builders (NAHB). The housing market index (HMI) increased to 14 in April from 9 in March. The record low was 8 set in January. The increase in April follows five consecutive months at either 8 or 9.

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Washington, D.C.-The National Association of Home Builders’ (NAHB. confidence in the remodeling market.” The RMI’s future market conditions index rose to 56 from 52 in the previous quarter, under.

The NAHB attributed the second straight monthly increase in the housing market gauge – which measures builder confidence in the market for. told Reuters that the two consecutive months of gains in.

Four-Month Upturn Ends as Builder Confidence Falls in October Filed in Construction Industry , Economics , Home Building by NAHB Now on October 16, 2014 0 Comments After four consecutive monthly gains, builder confidence in the market for newly built single-family homes fell five points to a level of 54 on the NAHB/Wells Fargo Housing.