Homebuilder sentiment declines to an eight-month low

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Homebuilders polled by the National Association of Home Builders/Wells Fargo reported sentiment fell to an eight-month low in July, Bloomberg News reported.

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Home builder sentiment at eight-month low Homebuilder sentiment declines to an eight-month low Homebuilder Sentiment Remains Near Highest Level Since 1999. Confidence among U.S. homebuilders unexpectedly fell in March to an eight-month low as prospective buyers were in little rush to.

The decline in mortgage rates, which has primarily led to the rebound, is likely to continue in the months ahead due to multiple factors. Homebuilder Confidence Rebounds From 3-Year Low: 4 Picks Home

The decline in builder sentiment follows a report earlier on Monday that showed a sharp slowdown in business at New York-area factories. The New York Fed’s Empire State manufacturing index tumbled in.

Homebuilder sentiment declines to an eight-month low Homebuilder Sentiment Remains Near Highest Level Since 1999. Confidence among U.S. homebuilders unexpectedly fell in March to an eight-month low as prospective buyers were in little rush to.

Homebuilder sentiment hit a three-month high this month, as builders remain buoyed by low-mortgage rates and a strengthening job market. According to the National Association of Home Builders/Wells Fargo, the builder’s Housing Market Index (HMI) rose four points from 64 to 68 since July, Bloomberg reported.

Homebuilders Under Pressure After Housing market index hits 8-month Low. released its monthly report on homebuilder sentiment, which showed that confidence among builders plummeted to a eight.

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Homebuilder sentiment declines to an eight-month low (Bloomberg) – Sentiment among American homebuilders deteriorated to an eight-month low in July on concerns about higher. particularly lumber," NAHB Chairman Granger MacDonald, a home builder and.

Highlights of homebuilder sentiment (april) housing market index eased by 1 point to a five-month low of 69 (est. 70), according to the National Association of Home Builders/Wells Fargo. Current-sales measure for single-family homes dropped to 75, the lowest since October, from 77; gauge of prospective buyer traffic held at 51

AP Photo/Mike Groll Homebuilder sentiment declined to 55, more than expected, in February, according to the latest data from the National Association of Homebuilders. Expectations were for the reading to come in at 58, up slightly from last month’s 57 reading. January’s report was a slight retreat.