Homebuilder sentiment rises to seven-month high in May

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The National Association of Home Builders/Wells Fargo Housing Market Index rose to 66. Read More Bloomberg www.bloomberg.com/news/articles/2019-05-15/

(Reuters) – A private gauge of U.S. home builder sentiment unexpectedly rose in. Reuters had forecast the reading to be unchanged in May from April. In March, the index reached 71 which was the.

Homebuilder sentiment rises to seven-month high in May Lack of single-family approvals sign housing slump persists: BuildFax Housing starts stabilize as building permits edge up

Sentiment among U.S. homebuilders increased in May by more than expected, sustaining this year’s upward swing on stronger sales and lower mortgage rates. The National Association of Home Builders/Wells Fargo Housing Market Index rose to 66, the highest level since October as all three main measures increased, according to a report Wednesday.

Sentiment among U.S. homebuilders increased in May by more than expected, sustaining this year’s upward swing on stronger sales and lower mortgage rates. The National Association of Home Builders/Wells Fargo Housing Market Index rose to 66, the highest level since October as all three main measures increased, according to a report Wednesday.

In fact, homebuilder sentiment reached a seven month high in May. On the demand side, moderating homes prices, falling mortgage rates and higher wages should continue to buoy demand as the busy Spring.

U.S. Homebuilder Sentiment Rises to Seven-Month High in May Comments Off on U.S. Homebuilder Sentiment Rises to Seven-Month High in May The National Association of Home Builders/Wells Fargo Housing Market Index rose to 66.

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 · The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday rose four points to 68 this month. That’s the highest reading since May. Readings above 50 indicate more builders see sales conditions as good rather than poor. The index has remained above 60 since September of 2016.

(Bloomberg) — Sentiment among U.S. homebuilders increased in May by more than expected, sustaining this year's upward swing on stronger.

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 · Data from the National Association of Home Builders showed on Monday U.S. homebuilder sentiment rose in August to its highest since January as labor market conditions improved,The NAHB/Wells Fargo Housing Market index rose to 55 in August from 53 in July.