“Firms have just been very cautious in their hiring and they remain so,” said Stephen Stanley. Commerce Department figures show. A measure of builder confidence climbed in June to its highest level.
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Builder confidence in the market for newly-built single-family homes fell two points to 64 in June, according to the latest National Association of Home Builders/Wells Fargo housing market index (hmi) released today. Sentiment levels have held at a solid range in the low- to mid-60s for the past five months, the NAHB said.
While mortgage rates have risen, they remain low by historical standards. A survey on Thursday showed a dip in homebuilder confidence in June, with homebuilders expressing. moving forward this year.
WASHINGTON, May 23-Construction industry leaders remained upbeat with respect to nonresidential construction prospects in March 2019, according to the latest Construction Confidence Index released today by Associated Builders and Contractors.
So the bulls remain in charge in spite of what is widely viewed as an overvalued market and a mixed earnings season currently underway. VIX (NYSEARCA:VXX) continued to sink on Friday, closing at 9.36, a near record close, in fact the lowest close since 1993 and just above the all time low of 9.31.
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Builder confidence for newly built single-family homes rose to 65 points in July, according to data released Tuesday by the National Association of Home Builders (NAHB) and Wells Fargo. The.