Last week's economic reporting included readings on housing market conditions, sales of previously owned homes, and housing starts and building permits issued. Weekly reports on mortgage rates and jobless claims were also released.
NAHB: Home Builder Confidence Near 1999 High
The National Association of Home Builders reported a housing market index reading of 74 in February; the index reading was one point lower than for January and was only two points below the highest reading of 76 reported in December. Readings over 50 indicate that most builders consider housing market conditions to be positive.
What’s Ahead For Mortgage Rates This Week – January 21st, 2020
Last week's economic reports included the National Association of Home Builders Housing Market Index along with readings on consumer sentiment and weekly reports on mortgage rates and new jobless claims.
What’s Ahead For Mortgage Rates This Week – December 23rd, 2019
Last week's economic reports included readings from the National Association of Home Builders on housing markets; the National Association of Realtors(R) released data on sales of previously-owned homes and the Commerce Department released readings on housing starts and building permits issued. Weekly reports on mortgage rates and new jobless claims were also released.
NAHB: Home Builders Remain Confident
The National Association of Home Builders Housing Market Index shows steady builder confidence in housing market conditions. September's index reading of 68 was one point higher than August's reading. Any reading over 50 indicates that most home builders surveyed view housing market conditions as favorable. August's original index reading was adjusted upward by one point.
NAHB: Housing Market Index Rises 1 Point in July
Home Builder sentiment rose one point in July according to the National Association of Home Builders Housing Market Index. 2019 builder confidence in housing market condition continued to fall short of 2018 levels. July's Housing Market Index reading of 65 was one point higher than June's reading.
NAHB: Builder Confidence Slips in June
Homebuilder confidence dropped two points in June according to the National Association of Home Builders Housing Market Index. June's index reading was 64, which indicates strong sentiment among home builders for current housing market conditions.
NAHB: May Home Builder Confidence Hits Highest Level in 7 Months
The National Association of Home Builders reported the highest builder confidence reading in seven months for May. May's reading exceeded expectations for an index reading of 64 and rose three points to 67.
