U.S. home-builder confidence slipped in June, a sign of weakening. The National Association of Home Builders housing market index fell to.
The numbers: U.S. home builder confidence fell two points to 64 in June, as measured by the National Association of Home Builders' index.
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NAHB component readings also dropped in June with builder confidence in current home sales one point lower at an index reading of 71. Home builder confidence in home sales conditions over the next six months dropped two points to 70 and builder confidence in buyer traffic was one point lower at 48.
US home construction slips 0.9% to 1.25 million in June. decline is quite striking , implying less confidence in owning a property in the U.S.".
Builder confidence in the market for newly-built single-family homes fell two points to 68 in June on the National Association of. to grow,” said nahb chairman randy noel, a custom home builder.
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A measure of builder confidence was unexpectedly weak in June, and some analysts think the threat of Mexican. There are many things to be concerned about in the U.S. economy right now. To us,
June NAHB Housing Market Index: 64 vs. 67 consensus and 66 prior.
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Builder confidence in the market for newly-built single-family homes fell two points to 64 in June, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. Sentiment levels have held at a solid range in the low- to mid-60s for the past five months, the NAHB said.
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The latest National Association of Home Builders/Wells Fargo survey showed builder confidence dipped to a still solid reading of 64 in June, down from 66 in May. Sentiment levels have held in a range.
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.