Homebuilder sentiment declines to an eight-month low

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The National Association of Home Builders/Wells Fargo builder sentiment index released Monday was unchanged at 58. Readings above 50 indicate more builders view sales conditions as good, rather than.

The sentiment index tumbled eight points in November, charting a bigger monthly decline than what was seen in the worst of the housing crisis.

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Sentiment among American homebuilders deteriorated to an eight-month low in July on concerns about higher material costs, according to July 18 data from the National Association of Home Builders.

Homebuilder sentiment fell to an eight-month low in June as a perfect storm of weak existing-home prices, rising material costs, distressed property sales and sluggish consumer confidence brewed.

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The National Association of Home Builders/Wells Fargo builder sentiment index released Thursday declined. sliding to a seasonally adjusted annual rate of 569,000. The April decline followed a sharp.

Confidence among U.S. homebuilders dropped in February to a nine-month low as potential buyers stayed away, interrupting the steady progress residential real estate had built over the course of 2015. The National Association of Home Builders/Wells Fargo builder sentiment index decreased to 58 in.

Inventory keeps contracting as higher rates deter sellers: Redfin This swing to a seller’s market happened first in California and Arizona, then spread to other parts of the country. Now, the inventory. would be taxed at a higher rate, and so rushed to sell their.

Sentiment. cuts. “Low unemployment, solid job growth and favorable demographics should support housing demand in the coming months,” NAHB Chairman Randy Noel, a custom-home builder from Louisiana,

A monthly sentiment measure held steady at 62 from February to March. and they anticipate a solid spring home buying season," said NAHB Chairman Greg Ugalde, a homebuilder and developer from.

Homebuilders polled by the National Association of Home Builders/Wells Fargo reported sentiment fell to an eight-month low in July, Bloomberg News reported.

Sentiment among American homebuilders deteriorated to an eight-month low in July on concerns about higher material costs, according to July 18 data from the National Association of Home Builders.

The Next Real Estate Bubble Home / Nation & World / Homebuilder confidence declines to four-month low A flag advertising a newly built home for sale flaps in the breeze Jan. 8 in Richmond, Virginia.

Homebuilder sentiment declines to an eight-month low Homebuilder Sentiment Remains Near Highest Level Since 1999. Confidence among U.S. homebuilders unexpectedly fell in March to an eight-month low as prospective buyers were in little rush to.

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