May Uptick in Builder Confidence Proves Fleeting

May Uptick in builder confidence proves Fleeting Monday, June 17, 2019 The National Association of Home Builders’ (NAHB’s) measure of builder confidence broke out of its multi-month slump in May, rising 3 points.

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Data out Thursday showed sentiment among U.S. homebuilders has risen this month to match this year’s high, but a weaker outlook suggests upward momentum in the months ahead may prove fleeting.

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The National Association of Home Builders (NAHB)/Wells Fargo measure of builder confidence in the market for newly-built single-family homes added another 4 points in February to the 2 it gained in.

The pace of US economic growth may prove to be critical for shares of homebuilders. Yet a survey from the National Association of Home Builders showed that homebuilder confidence increased in.

May Uptick in Builder confidence proves fleeting jun 17 2019, 10:20AM The National Association of Home Builders’ (NAHB’s) measure of builder confidence broke out of its multi-month slump in May.

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A measure of industry sentiment among home builders jumped more than expected, in a possible sign that they may increase their building.