Homebuilder Confidence Up
November 18, 2014

Homebuilder Confidence Up

The NAHB Homebuilder Confidence Index moved up to 58 in November from 54 in October which marks the second-highest figure since the peak of the market in 2005. Builders nationally seemingly are feeling optimistic about the continued low interest rate environment and improving economic conditions. Any reading of the index above 50 generally connotes positive market sentiment.

Read More

Previous Leader of the Pack
Next Hombuilder IPO Window Closed for Now
Tags Mortgage RatesNAHB
Category Homebuilders / Land Developers

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

View all posts by this author →

You might also like

Toll Releases Fourth Quarter Earnings
Homebuilders / Land Developers

Toll Releases Fourth Quarter Earnings

Despite relatively strong 4Q earnings of $131.5M, an increase of 39% over the year ago period, the earnings figure fell short of analyst expectations of 73 cents a share versus

Homebuilders / Land Developers

Hovnanian Reports 4th Quarter Profits

Toll Reports Strong 1Q 2015
Homebuilders / Land Developers

Toll Reports Strong 1Q 2015

Toll Brothers handily beat the Street with its fiscal 1Q 2015 earnings. Revenue was $835.5M, which represented a 33% increase over the year ago period, and well above the $773.5M