According to the National Association of Home Builders/Wells Fargo Housing Market Index, a combination of shrinking new home inventory plus higher-quality foot traffic is boosting builder optimism. . . . → Read More: Homebuilders Expect A Surge In New Home Sales
According to the NAHB, October’s HMI reading of 16 is its highest value in 5 months. The uptick hints that the market for newly-built homes may rebound more quickly that this summer’s weak new homes sales figures would otherwise suggest. . . . → Read More: As Buyer Foot Traffic Rises, So Does Homebuilder Confidence
Home builder confidence held firm this month, according to the National Association of Home Builders’ monthly Housing Market Index. September’s reading of 13 equaled a 17-month low. . . . → Read More: As Homebuilder Confidence Stagnates, Deals Abound