Homebuilder confidence climbed in August to the highest level since November 2005, figures showed on August 17. The National Association of Home Builders/Wells Fargo sentiment index rose to 61 from 60 the prior two months. Readings greater than 50 mean more respondents report good market conditions.
A pickup among leading indicators such as the Institute for Supply Management’s factory index and homebuilder. Wells Fargo confidence index registered 58 last month, matching August’s reading as.
Mortgage lending standards slightly ease up Hiring in 2014 may be strong enough to unleash a chunk of the pent-up demand that built. applications plunge as mortgage rates rose this year are hungry for revenue. “Lending standards are going to.
A gauge of homebuilder sentiment rose to its highest level since November 2005, reflecting growing confidence in a steadily improving U.S. housing market. An index of builder confidence in the market for new single-family homes rose one point to a seasonally adjusted level of 61 in August, the National Association of Home Builders said Monday.
Hedge funds are borrowing more to buy equities just as loans by New York Stock Exchange brokers reach the highest. since March 2009, trailing the S&P 500’s 94 percent surge, data through September.
This is the highest reading since November 2005. "The fact the builder confidence has been in the low 60s for three straight months shows that single-family housing is making slow but steady.
Fannie, Freddie set new short sale timelines After years of complaints about fragmented and outdated policies, mortgage giants Fannie Mae and Freddie Mac will. page when it comes to short sales, with the same borrower qualifications,
Home builders maintained December’s confidence level according to the National Association of Home Builders (NAHB) Housing Market Index for January. The latest reading of 60 mirrored December’s reading, but was two points lower than expected.
· The National Association of Home Builders/Wells Fargo Housing Market Index released its statistics for September 2014 and reports builder confidence in the U.S. market for newly built, single-family homes rose for the 4th consecutive month. The gain for new construction is the highest rating since November 2005.
· Confidence among U.S. homebuilders plummeted by the most since 2014 as the highest borrowing costs in eight years restrained demand, adding to signs of a cooling housing market that will weigh on.
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Rise in Homebuilder Confidence Continues on August 17, 2015 Economy , Newsbytes The National Association of Home Builders/Wells Fargo Housing Market Index rose 1 point to a level of 61 in August, the highest reading since November 2005.
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Homebuilder Sentiment Rises in August. Share. Aug 17th 2015 10:11AM.. The single-family home sales component rose to 66 from 65 to mark its highest level since November 2005. The gauge of.