Homebuilder sentiment rises in May 10:02 AM ET Tue, 15 May 2018 CNBC’s Diana Olick reports the latest read on homebuilder sentiment from the National Association of Home Builders.
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U.S. Homebuilder Sentiment Rises to Seven-Month High in May Comments Off on 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.
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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.
The Commerce Department said on Tuesday sales rose 2.2 percent to a seasonally adjusted annual rate of 546,000 units, the highest level since. good news for home builders who will need to ramp up.
After impressive retail sales in May, homebuilder sentiment data for June has been quite a disappointment. This is considered the first drop in 2019 by the index (read: ETFs in Focus on Impressive.
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U.S. Home Builder Sentiment At Seven-month High In august: nahb wochit business. china May Have Held Backdoor Talks With Tech Companies Ahead Of. Wall Street Rises On Interest Rate-cut Hopes.
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.
Builder confidence rose 1 point to 63 in April in the monthly National Association of Home Builders/Wells Fargo Housing Market Index. It hit a 2018 high of 70 in May. Sentiment has remained. versus.
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In today’s report on home builder sentiment. to rise from 62 to 63. In actuality, we saw a decline of one point to 61. While the headline index is only four points off its cycle high, today’s.
An upswing in home sales should support the U.S. economic expansion and the view the Federal Reserve may raise interest rates by the. A private gauge on U.S. home builder sentiment unexpectedly.