US home-builder confidence slips in June

Home builder confidence fell slightly in June to a reading of 59 according to the National Association of Home Builders Housing Market Index. Analysts had expected no change to June’s reading of 60. June components of the HMI were also lower. Builder confidence in current market conditions dropped by one point to 63; builder confidence in market conditions over the next six months fell three.

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The Housing Market Index (HMI) is based on a monthly survey of NAHB members designed to take the pulse of the single-family housing market. The survey asks respondents to rate market conditions for the sale of new homes at the present time and in the next six months as well as the traffic of prospective buyers of new homes.

What’s Ahead For Mortgage Rates This Week – June 10th, 2019 – Kenny Minkel – Mortgage Consultant – Ventura County Mortgaegs What’s Ahead For Mortgage Rates This Week – July 9th, 2018. public and private sector job growth and June’s national unemployment rate. Weekly readings included Freddie Mac mortgage rates and new jobless claims.. 4.52 percent. 15-year fixed rate mortgages averaged 3.99 percent and.

Homebuilder confidence slips 2 points in June 10:00 AM ET Thu, 15 June 2017 CNBC’s Diana Olick reports the latest read on housing market sentiment from the National Association of Home Builders.

Meanwhile the Chicago purchasing managers index has come in at 55.8 in July, better than the expected 54 but below the 56.8 recorded in June. Following the weaker than expected US GDP figures, as well.

19 hours ago. WASHINGTON (AP) – U.S. home construction slipped last month as an uptick in the building of single-family homes was offset by a big drop in.

Builder confidence in the market for newly-built single-family homes slipped two points in July to a level of 64 from a downwardly revised june reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).. Home. ** We do not share your name or email address with anyone.

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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.

U.S. home-builder confidence slipped in June, a sign of weakening sentiment in a key sector of the economy. The National Association of Home Builders housing market index fell to 64 this month from an unrevised level of 66 in May, the trade group said Monday. Economists surveyed by The wall street journal expected a reading of 67 in June.

On the external side, despite a trade truce between the US and China, doubts persist over whether the two. Even with the.