Tag: builder confidence

Business

U.S. home starts fall 11% in October; builder confidence dips first time in 5 months

With the start of construction on both single-family homes and apartment complexes down in October, total U.S. home starts fell 11 percent during the month. Home starts fell to a seasonally-adjusted annual rate of 1.060 million, according to preliminary data from the Commerce Department. That total is down 1.8 percent over the same time last year. […]

November 18, 2015

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Home starts up 6.5% in September while builder confidence reaches boom-level high

Following two months of declines, the U.S. homebuilding market rebounded and then some in September due to a surge in apartment starts. Home starts rose 6.5 percent during the month to a seasonally adjusted average of 1.206 million, according to preliminary data from the Commerce Department. That total is up 17.5 percent over the same […]

October 20, 2015

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Home starts recover a bit with 2% gain in March

Despite a very rough February, home builders appear optimistic the worst 2015 has to offer is over as construction starts on new homes edged up in March. U.S. home starts rose 2 percent in March to a seasonally-adjusted annual rate of 926,000, according to preliminary data from the Commerce Department. Despite the monthly boost, March […]

April 16, 2015

Business

Home starts fall 1.6% in November as builder confidence slips

The rate of construction on new single family homes fell in November and with it went the rate of all U.S. home starts for the month. Construction on single- and multi-family homes fell 1.6 percent in November to a seasonally adjusted annual rate of 1.028 million, according to preliminary data from the Commerce Department. The latest report […]

December 16, 2014

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Home starts jump 13.2% in April as apartment construction soars

The construction of new homes in the U.S. jumped 13.2 percent during April due to warmer temperatures and a huge rise in apartment construction. Builders started new homes at a seasonally adjusted annual rate of 1.072 million, up from March’s revised rate of 947,000. March’s figure was revised upward from the original estimate of 946,000. […]

May 16, 2014

Business

Housing starts tumble 16.5% in April, but surge in permits suggests continued recovery

The start of construction on homes fell drastically in April, one month after reaching a level of home starts the country had not seen since before the recession. However, a surge in building permits hints that the damage might not be too bad. Construction began on homes at a seasonally adjusted annual rate of 853,000, […]

May 16, 2013

Business

Builder confidence up on strengthening housing market, but majority rate still rate it “fair” or “poor”

Though the reading is not at a point where more home builders view the current market for newly-built, single-family as “good” than “poor,” builder confidence improved three points to a 44 on the May edition of the National Association of Home Builders/Wells Fargo Housing Market Index.   The monthly survey asks home builders to rate current […]

May 15, 2013

Business

Builder confidence in housing market dips 1 point in February

After stalling completely in January, builder confidence in new single-family homes was was virtually unchanged in February with a one-point decline to 46 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The index’s tipping point is 50. Once higher than 50, that indicates more builders have a good feeling about the […]

February 21, 2013

Business

Builder confidence in housing market stalls in January

After eight consecutive months of increase, rising to a six-year high in December, builder confidence for new single-family homes stalled at a level of 47 this month, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Despite the improving conditions the housing market and an expected bright future for home sales […]

January 17, 2013

Business

Builder confidence index rises to highest level in more than 6 years

Builder confidence for newly built, single-family homes rose to a level of 47 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) in December. The two-point gain from November marks the eighth consecutive month builder confidence has risen and the highest level the index has seen since April 2006. “Builders across the […]

December 18, 2012