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Tag Archives: builders confidence
Single-Family Construction Exploding
Popular Economics Weekly Starts on new houses climbed 3 percent in February to the second-highest level since 2007, reflecting pent-up demand in a steadily growing economy that builders are aiming to address. And builder optimism continues to rise to new … Continue reading
Much More Housing Needed
The Mortgage Corner There’s an exception to the current low inflation prognostications echoed in my column by the San Francisco Fed Prez John Williams. It’s in housing, which is struggling to meet the surging demand for both new homes and … Continue reading
Builder Optimism Returning to Historical Levels
The Mortgage Corner After holding steady for the past four months, builder confidence in the market for newly constructed single-family homes rose two points in June to a level of 60 on the National Association of Home Builders/Wells Fargo Housing … Continue reading
Where Are The New Homes?
The Mortgage Corner Sales of newly built, single-family homes rose 2 percent in February from an upwardly revised January reading to a seasonally adjusted annual rate of 512,000 units, according to newly released data by the U.S. Department of Housing … Continue reading
Housing Construction Soars
The Mortgage Corner Housing construction is taking off, as I predicted two weeks ago. The numbers show actual construction starts accelerating as well as building permits for future construction. It is also boosting builder confidence to a level that signals … Continue reading
Is Builder Optimism, New Home Construction Faltering?
The Mortgage Corner Will new-home construction falter, now that interest rates are rising and consumers remain unsettled over Washington’s political gridlock that prevents any legislation being passed that would aid economic growth? Builder confidence in the market for newly built, … Continue reading
Government Shutdown Dims Builder Optimism
Financial FAQs New-home construction is already a casualty of the government shutdown, and even sequestration agreement that has cut government hiring and spending more than $1.6 trillion to date. But its effect would be mitigated if interest rates remain low, … Continue reading
