Builder confidence edges up in June

Builder confidence in the market for newly-built single-family homes weakened slightly in June, however experts pointed out confidence is still at high levels as the housing market gradually recovers.

Builder confidence slips 2 points to 64 in June Builder confidence in the market for newly-built single-family homes fell two points to 64 in June. All the HMI indices inched lower in June. The index measuring current sales conditions fell one point to 71, the component gauging expectations in the next six months moved two [.]

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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 NAHB/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.

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US homebuilder confidence edges up in April By: The Associated Press April 15, 2014 0 WASHINGTON – U.S. homebuilders’ confidence in the housing market rose modestly in April but remained at low levels for the third straight month, constrained by tight credit for home buyers and a shortage of workers and available land.

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Builder confidence edges up in June . Homebuilders grew more confident in June with buyers taking advantage of low interest rates and affordable prices, the National Association of Home Builders said Monday. The index component measuring current sales conditions grew two points to a score of 32 in June, its highest level since April of 2007.

Builder confidence in the market for new single-family home sales rose by 2 points in July, the National Association of Home Builders said Monday, butthe confidence reading of 15 remained sharply.

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