The numbers: The National Association of Home Builders’ monthly confidence index fell two points to 31 in December, the trade group said on Monday. It’s the 12th month in a Read more
Tag: homebuilders
Home builders struggle to find buyers as cancellations by developers rise: ‘The build-for-rent market is going to become increasingly important’
It’s a tough time to be selling a home. That’s also true for home builders, who are seeing canceled orders and dwindling interest among would-be buyers. “Mortgage applications have been Read more
Home builders sentiment index falls for record tenth month in a row in October. Home builders say the ‘situation is unhealthy and unsustainable.’
The numbers: The National Association of Home Builders’ (NAHB) monthly confidence fell 8 points to 38 in October, the trade group said on Tuesday. It’s the tenth month in a Read more
Builder sentiment drops to the lowest level since 2012. Home builders say the ‘situation is unhealthy and unsustainable.’
The numbers: The National Association of Home Builders’ (NAHB) monthly confidence fell 8 points to 38 in October, the trade group said on Tuesday. It’s the tenth month in a Read more
Builder sentiment drops to the lowest level since 2012. Home builders say the ‘situation is unhealthy and unsustainable.’
The numbers: The National Association of Home Builders’ (NAHB) monthly confidence fell 8 points to 38 in October, the trade group said on Tuesday. It’s the tenth month in a Read more
U.S. new home sales surge 28.8% in August
The numbers: U.S. new home sales surged 28.8% to a seasonally-adjusted annual rate of 685,000 in August, from a revised 532,000 in the prior month, the Commerce Department reported Tuesday. Read more
Home builders say ‘housing recession shows no signs of abating’ as builder sentiment drops further
The numbers: The National Association of Home Builders’ (NAHB) monthly confidence fell 3 points to 46 in September, the trade group said on Monday. Outside of the pandemic, the September Read more
Home builders see ‘housing recession’ as builder sentiment index drops further in August
The numbers: The National Association of Home Builders’ monthly confidence index fell 6 points to 49 in August, the trade group said Monday. The August reading of 49 is the Read more
Lured by record-high rents, homebuilders ramp up construction of apartments
Homebuilders built fewer single-family homes in June. But they’re betting on the rental market to continue its red-hot streak, ramping up construction of apartments, according to one economist. In June, Read more
Is the housing market in a recession? Here’s what economists are saying
The housing market is cooling off. After two years of red-hot sales, economic data paints a tale of a market that’s seeing weaker sales, plunging sentiment among homebuilders, and rising Read more
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