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Tag Archives: National Association of Home Builders

Homebuilders feel more confident in December

U.S. homebuilders’ confidence bounced back strongly this month, a sign that construction and industry hiring may pick up in coming months. The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday climbed to 58. That was up from ...

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Average rate on 30-year U.S. mortgage stays 4.4 pct.

WASHINGTON — Average rates on U.S. long-term fixed mortgages remained steady for a second straight week, giving prospective home buyers more time to lock in historically low levels. Mortgage buyer Freddie Mac said Thursday that the average rate on the ...

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Builder confidence falls on weak supply, labor

Confidence among U.S. homebuilders fell this month because of concerns that increased demand for new homes is exceeding supplies of ready-to-build land, building materials and workers. In the short term, those constraints could slow sales. But builders’ outlook for sales ...

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Homebuilder confidence dips from a 6½ year high

LOS ANGELES — Confidence among U.S. homebuilders slipped this month from the 6½ year high it reached in January, with many builders reporting less traffic by prospective customers before the critical spring home-buying season. The National Association of Home Builders/Wells ...

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Home sales jump to highest since May 2010

WASHINGTON — A jump in sales of previously occupied homes and further gains in home construction suggest the U.S. housing recovery is gaining momentum. Sales of previously occupied homes rose 7.8 percent in August from July to a seasonally adjusted ...

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Home construction in slow but steady comeback

WASHINGTON — Home construction is making a long-awaited recovery that could help energize the U.S. economy. From areas like Phoenix that are finally arising from the housing bust to cities like Chicago and Minneapolis where strong economies have lifted demand, ...

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Numbers suggest housing market is recovering

WASHINGTON — U.S. builders started work on more homes and apartments last month and requested more permits to build single-family homes. The increases suggest the battered housing market is healing. The Commerce Department said Wednesday that builders broke ground in ...

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