Builder Confidence Strong Despite June Letdown

Confidence for newly-built single-family homes fell two points to 64, but sentiment levels have held at a steady range in the low- to mid-60s for the past five months. Builder Confidence Strong Despite June Letdown latest blog entries jun 17, 2019 | 11:00 am. Builder confidence for newly built single-family homes is on the decline, yet overall.

A monthly survey of builder sentiment fell two points in June to 67, and May’s reading was revised down a point. June homebuilder confidence slips despite strong demand for new homes CNBC Business.

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Applications for building permits. survey showed builder confidence dipped to a still solid reading of 64 in June, down from 66 in May. Sentiment levels have held in a range of the low- to mid-60s.

Builder confidence for the single-family housing market experienced its biggest increase in nearly a year in June, though sentiment still remains on the negative side. Despite falling one point.

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The housing market may be at a turning point. While demand remains strong amid sturdy job and income growth, limited supplies and rising prices and mortgage rates threaten to take an increasing.

Builder Confidence Strong Despite June Letdown. By Michael Miller. – Builder confidence for newly built single-family homes is on the decline, yet overall confidence is still very high. The National Association of Home builders/wells fargo housing market index (HMI) slipped two.

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 · The A’s treaded water for most of June, and on June 23 they were the same three games over .500 that they had been on May 28.. The starting rotation has stayed strong despite the loss of.