Builder Confidence Holds Steady

Builder Confidence Remains Steady Ahead of Fed Decision

The monthly Housing Market Index (HMI), released by the National Association of Home Builders (NAHB)/Wells Fargo this week, came in at 32 this past August. The index measures builder sentiment on current and future single-family home sales along with buyer traffic on a scale ranging between 0 and 100. The HMI has been consistently dropping… The post Builder Confidence Remains Steady Ahead of Fed Decision appeared first on RISMedia.

NAHB: Builder Confidence Remains Steady – tEDmag

Lower mortgage rates and expectations that the Federal Reserve will soon cut interest rates led to higher future sale expectations in the coming months.

Builder Confidence Steady but Future Sales Expectations Hit Six-Month High – Eye On Housing

Builder sentiment levels remained unchanged in September but lower mortgage rates and expectations that the Federal Reserve will soon cut the federal funds rate led to higher future sale expectations in the coming months. Builder confidence in the market for newly built single-family homes was 32 in September, unchanged from the August reading, according to...

Builder Confidence Holds Steady

“NAHB expects the Fed to cut the federal funds rate at their meeting this week, which will help lower interest rates for builder and developer loans,” said Chief Economist Robert Dietz. Continue Reading Builder Confidence Holds Steady The post Builder Confidence Holds Steady appeared first on Weekly Real Estate News.