Builder confidence dips slightly but remains solid in June: NAHB

Builders’ Confidence, Economic Growth Raise Hopes for Housing More Although the home sales data is not impressive so far this year, the larger picture is indeed a big success.

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According to the National Association of Home Builders (NAHB)’ Housing Market Index (HMI) report, builder confidence rose one point to 29 in the month of June, the highest level since May of.

US Builder Confidence Slips Two Points in July, Remains Solid – Builder confidence in the market for newly-built single-family homes slipped two points in July to a level of 64 from a downwardly revised June reading on the National Association of Home Builders/Wells fargo housing market index (hmi).

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The builders’ group said however that the Index remains "on firm ground. demand for single-family homes in the months ahead," NAHB chief economist Robert Dietz said. "The minor dip in builder. June Builder Confidence Falls Slightly | Window & Door Chasing History: Inside the Ford GT’s Road to Le Mans. Fifty years ago, Ford battled its way to Le Mans, took down the Europeans, and landed a victory that would help define the company.

"Despite this month’s slight dip, builder confidence in the new home market remains above the 50-point benchmark," said NAHB Chairman Tom Woods.

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.

The confidence level among the nation’s homebuilders slipped slightly in the first month of 2018 after reaching an 18-year high in December 2017, according to the National Association of Home Builders.

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