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The significant monthly improvement came from the West, where the region’s index reading more than doubled.
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While the Housing Market Index remains low by historical standards, the monthly improvement brought it to the highest level seen in more than four years.
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The Housing Market Index reported its best reading since April 2008.
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Builders grew slightly more glum in September despite record low mortgage rates and evidence from several big public builders that sales and prices appear to have stabilized. The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for September dropped one point from August...
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Builder confidence in the new-home market remained stuck at 15 on a scale of 100 in August, according to the National Association of Home Builders/Wells Fargo Housing Market Index. Analysts were expecting a flat reading. Two of three component indices, meanwhile, posted marginal gains.
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The NAHB's builder confidence index bounces slightly off the bottom.
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Builder confidence in the market for new single-family home sales rose by 2 points in July, the National Association of Home Builders said Monday, butthe confidence reading of 15 remained sharply below a level that wouldindicate optimism.
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Builders are no more confident now in the market for new single-family homes than they were in the post tax-credit doldrums of September, 2010, according to the National Association of Home Builders/Wells Fargo Housing Market Index. The index, released Wednesday, slipped three points from May to a...
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Bills have been introduced in the Senate advocating to remove some of banks’ financial incentives to foreclose rather than modify.
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Even as measures of sales and traffic moved up, disappointment from a poor showing in sales this spring left builders unhopeful.
Jobs must be created before housing industry recovers.
There's still more than one way to come by home building's time-release mechanism.
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The spring selling season has so far failed to inspire confidence among builders that the moribund new-home market is going to get better anytime soon. The National Association of Home Builders Monday reported that the NAHB/Wells Fargo Housing Market Index (HMI) for April slipped back a point from...
The Builder Market Index ranks housing conditions in the top 100 housing markets.
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While buyer traffic and current conditions stayed the same, confidence in the next six months grew.
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Builder confidence in the market for new homes improved in March, but not by much. After four months stuck at a reading of 16, the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) moved up one point to 17., the highest it has been since May of last year but still well...
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While the Northeast and South saw improvements, confidence in the West and Midwest declined.
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Home builders are no more confident in the new-home market than they have been for the past four months, the National Association of Home Builders reported Tuesday. The NAHB/Wells Fargo Housing Market Index remained stuck at 16 in February, right where it has been since November. The reading was in...
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Home builders might be seeing some bright spots on the horizon, but they're not yet willing to take them seriously, according to the January survey of builder confidence taken by the National Association of Home Builders. The NAHB's Housing Market Index (HMI) remained at 16 for the third...
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A survey of 11 markets with very different land-use policies shows significant differences in home prices.