Homebuilder confidence is soaring, reaching levels not seen in more than 4 years.
Tag Archive: HMI
Home Builders Experiencing Heavy Foot Traffic And Higher Sales Volume
In another good sign for the housing market, today’s home builders believe that the housing market has turned a corner. Homebuilder confidence is at a 19-month high.
Homebuilders Getting Optimistic; Higher Home Prices Ahead?
Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21
As Buyer Traffic Grows, Florida Homebuilder Confidence Slips
According to the National Association of Homebuilders, the Housing Market Index slipped one point to 16 in April. It’s the 5th time in 6 months that the index read 16 — a figure exactly in line with the 1-year average, but still considered “poor”.
Homebuilders Expect More Sales Volume This Year
According to the monthly Housing Market Index as published by the National Association of Homebuilders, after 4 straight months of reading 16, March homebuilder confidence ticked 1 point higher to 17. It’s the highest confidence reading in 10 months.
Home Builders Report Higher Sales Levels In January
Homebuilder confidence in the market for newly-built, single family homes appears stable as the spring buying season gets underway.
Home Builders Slowed By Economy, But Seeing More Foot Traffic
Homebuilder confidence held firm for the second straight month this month, according to the National Association of Home Builders.
Why Builder Confidence Surveys Matter To Buyers Of New Homes
Despite an unfavorable HMI reading, home builders might still less willing to “make a deal”; holding out for a better 2011.
Homebuilders Expect A Surge In New Home Sales
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.
As Buyer Foot Traffic Rises, So Does Homebuilder Confidence
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.
