Homebuilder sentiment declines to an eight-month low

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The National Association of Home Builders/Wells Fargo builder sentiment index released Thursday declined. sliding to a seasonally adjusted annual rate of 569,000. The April decline followed a sharp.

Sentiment among homebuilders deteriorated to an eight-month low in July on concerns about higher material costs, according to data Tuesday from the National Association of Home Builders/Wells Fargo. The Builders’ Housing Market Index decreased to 64 (the estimate 67) from 66 in June (revised from 67). The measure of the six-month sales outlook dropped to a five-month low of 73 from 75.

The climb follows an easing to an eight-month low in July as builders were challenged with higher. demand in the new-home market,” NAHB chairman granger macdonald, a home builder and developer from.

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The National Association of Home Builders/Wells Fargo builder sentiment index released Thursday declined. sliding to a seasonally adjusted annual rate of 569,000. The April decline followed a sharp.

U.S. homebuilder sentiment fell for a second straight month in February but still showed more builders view market conditions as favorable, the National Association of Home Builders said on Tuesday.

Homebuilder sentiment rises to seven month high in May.. The sentiment gauge fell to a three-year low in December but has moved steadily higher since then, amid a decline in mortgage rates. At the same time,

Home builder sentiment fell again in July, continuing a slide from March highs.. a 5 basis point decline since Monday’s close. Close. Home Builder Confidence Falls to 8-Month Low. Home builder.

Homebuilders polled by the National Association of Home Builders/Wells Fargo reported sentiment fell to an eight-month low in July, Bloomberg News reported.

8 19 m Confidence among U.S. homebuilders dropped in February to a nine-month low as potential buyers stayed away, interrupting the steady progress residential real estate had built over the course of 2015. The National Association of Home Builders/Wells Fargo builder sentiment index decreased to 58 in.

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Homebuilder sentiment reaches 3-month high in August. The climb follows an easing to an eight-month low in July as builders were challenged with higher materials costs for items such as lumber. Builders are upbeat about a strengthening job market and still-low mortgage rates that are helping.