Homebuilder sentiment rises to seven-month high in May

 · The National Association of Home Builders/Wells Fargo Housing Market index surged to 52 in June from 44 in May, handily topping forecasts for 45..

Bullish sentiment, expectations that stock prices will rise over the next six months, pulled back by 4.8 percentage points to 35.1%. Optimism is back below its historical average of 38.5% for.

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.

U.S. Homebuilder Sentiment Rises to Seven-Month High in May. Bloomberg – Reade Pickert. Sentiment among U.S. homebuilders increased in May by more than expected, sustaining this year’s upward swing on stronger sales and lower mortgage.

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 · Builder sentiment rose 4 points to 62 in February, according to a monthly survey from the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

The National Association of Home Builders/Wells Fargo builder sentiment index released today slipped. adjusted annual rate of 458,000 homes in October, the highest point since May. Still, sales.

 · Home Economic Homebuilder sentiment unchanged in March The National Association of Homebuilders (NAHB) reported confidence among U.S. builders was unchanged this month at 62. This was slightly below the consensus estimates of 63.

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An improving economy and an impressive recovery in the housing market boosted the U.S. homebuilder sentiment in June to. that existing home sales in 2015 may reach the highest level since 2006..

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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.

A monthly sentiment survey from the National Association of Home Builders was unchanged in July, standing at 68. Anything above 50 is considered positive sentiment. The survey was at 64 in July of.

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Homebuilders’ confidence in May climbed to its highest level in seven months, according to the report released by the National Association of Home Builders (NAHB) on Wednesday.