Homebuilder sentiment rises to seven-month high in May

(Reuters) – A private gauge of U.S. home builder sentiment unexpectedly rose in. Reuters had forecast the reading to be unchanged in May from April. In March, the index reached 71 which was the.

 · Homebuilder confidence rises to seven-year high By: Bloomberg news june 17, 2013 4:21 pm 0 In this May 6 photo, construction is underway on the infrastructure of a multiacre housing development in.

As the housing market slows, home builders are rolling out a variety of offers to. has been particularly pronounced in high-cost markets like California, Sales of all homes dropped 12.5% in the three months ended. simply can't keep rising – a sentiment worsened by uncertainty on Wall. Jul 7, 2019.

The National Association of Home Builders/Wells. also the first rise this year, from last months’ reading of 48. The gauge of single-family sales expectations for the next six months edged up to 59.

U.S. Homebuilder Sentiment Rises to Seven-Month High in May; The National Association of Home Builders/Wells Fargo Housing Market Index rose to 66, the highest level since October as all three main measures increased, according to a report Wednesday.

The homebuilder index represents one of the first breaks in high levels of business and consumer confidence. as a possible warning sign about the broader economy. The slowdown may have implications.

Homebuilder sentiment rises to seven-month high in May Lack of single-family approvals sign housing slump persists: BuildFax Housing starts stabilize as building permits edge up

 · Regionally, on a three-month running average, homebuilder sentiment in the South rose two points to 68 and in the Northeast rose one point to 50..

The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday rose four points to 68 this month. That’s the highest reading since May. Readings above 50 indicate more builders see sales conditions as good rather than poor. The index has remained above 60 since September of 2016.

Refi mortgage application share rises above 50% It is sad to say, but the good news can’t last forever and the recent improvement in mortgage application volume. the same week in 2017. Refinancing, which has been on a recent roll lost 2 percent.

U.S. Homebuilder Sentiment Rises to Seven-Month High in May Reade Pickert , Bloomberg News Roofing contractors work on a home under construction at the Norton Commons housing development in Louisville.

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The National Association of Home Builders. both projected to rise slightly in October, despite the headwinds. The Mortgage Bankers Association said last week the average rate on a 30-year fixed.