The National Association of Homebuilders reported, on Wednesday, September 18th, that its builder confidence index was at a nine-year high of 59. From the perspective of the builders, it appears that the recovery is on track!
In another indication of the strengthening new home market, KB reported Q1 earnings above consensus estimates. Analysts had predicted profit of $0.02 per share, which was lower than the $0.08
As the International Builders’ Show gets going in Vegas this week, the sentiment seems to be one of cautious optimism. Coming off of a sluggish 2014, loosening mortgage standards for
The NAHB/Wells Fargo builder sentiment index rose to 59 in June from 54 in May. The consensus forecast among economists was 56. The strong reading seems to be reflective of
0 Comments
No Comments Yet!
You can be first to comment this post!