Daily Archives: September 16, 2015

NAHB reports home builders confidence at 10 year high | Mt Kisco Real Estate

The National Association of Home Builders’ housing market index increased for the second straight month by 1 point to 62 in September of 2015. It is the highest figure since October of 2005, boosted by an increase in buyer traffic and current sales while the gauge for sales over the next 6 months decreased. Nahb Housing Market Index in the United States averaged 48.63 from 1985 until 2015, reaching an all time high of 78 in December of 1998 and a record low of 8 in January of 2009. Nahb Housing Market Index in the United States is reported by the National Association of Home Builders.

United States Nahb Housing Market Index

 

ActualPreviousHighestLowestDatesUnitFrequency
62.0061.0078.008.001985 – 2015Monthly
SA
NAHB/Wells Fargo Housing Market Index (HMI) is based on a monthly survey of home builders. They are asked to rate current sales of single-family homes and sales expectations for the next six months and to rate traffic of prospective buyers. Scores for responses to each component are used to calculate a seasonally adjusted overall index, where a number over 50 indicates more builders view sales conditions as good than poor. This page provides the latest reported value for – United States Nahb Housing Market Index – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Content for – United States Nahb Housing Market Index – was last refreshed on Wednesday, September 16, 2015.

 

CalendarGMTReferenceActualPreviousConsensusForecast (i)
2015-07-1603:00 PMJul6060(R)6057.76
2015-08-1703:00 PMAug61606159.26
2015-09-1603:00 PMSep62616161.40
2015-10-1603:00 PMOct6261.69
2015-11-1803:00 PMNov62.17
2015-12-1503:00 PMDec62.06

 

United States HousingLastPreviousHighestLowestUnit
Housing Index0.200.501.42-1.72percent[+]
Building Permits1130.001337.002419.00513.00Thousand[+]
Housing Starts1206.001204.002494.00478.00Thousand[+]
New Home Sales507.00481.001389.00270.00Thousand[+]
Pending Home Sales7.408.2030.00-24.50percent[+]
Existing Home Sales5590.005480.007250.001370.00Thousand[+]
Construction Spending0.700.105.90-4.80percent[+]
Nahb Housing Market Index62.0061.0078.008.00[+]
Mortgage Rate4.094.1010.563.47percent[+]
Mortgage Applications-7.00-6.2049.10-38.80percent[+]
Case Shiller Home Price Index180.88177.08206.52100.00Index Points[+]
Home Ownership Rate63.4063.7069.2062.90percent[+]

 

Nahb Housing Market IndexReferencePreviousHighestLowestUnit
United States62.00Sep/1561.0078.008.00[+]

 

 

read more….

 

http://www.tradingeconomics.com/united-states/nahb-housing-market-index

 

US Home Builders Optimistic | Waccabuc Real Estate

U.S. homebuilders are feeling slightly more optimistic about the housing market, nudging their confidence this month to a level not seen since the high-flying days of the housing boom nearly 10 years ago.

The National Association of Home Builders/Wells Fargo builder sentiment index released Wednesday rose this month to 62, up from 61 in August. The last time the reading was higher was October 2005 at 68.

Readings above 50 indicate more builders view sales conditions as good, rather than poor. The index has been consistently above 50 since July last year.

Builders’ view of current sales conditions and their view of traffic by prospective buyers rose this month. But their outlook for sales over the next six months declined slightly.

read more..

http://hosted.ap.org/dynamic/fronts/BUSINESS?SITE=AP&SECTION=HOME