Homebuilder sentiment cools in January from 18-year high

The Fed had said in late January that unemployment would likely be 8.2 percent to 8.5 percent by year’s end, a forecast that already looks too high. -Fewer people. An index of homebuilder sentiment.

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In Q3 2018, global non-financial corporate debt hit a record high of 92%, according to the IIF. Source: Freddie Mac There is a large interaction effect between home builder sentiment and consumer.

Key Takeaways. The first builder-sentiment reading for 2018, albeit a decline from a 18-year high, is consistent with other reports that indicate residential construction will build on recent growth, as a solid job market, relatively low mortgage costs and rising confidence help propel housing demand.

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Homebuilder confidence falls from 18-year high, but it’s still strong. the year on a slightly less sanguine note.builder sentiment fell 2 points to 72 in January, according to a monthly survey.

The Fed had said in late January that unemployment would likely be 8.2 percent to 8.5 percent by year’s end, a forecast that already looks too high. An index of homebuilder sentiment rose for the.

A recent article indicated "Homebuilder sentiment cools in January from 18-year high". Sounds a little ominous. Like, maybe the jig is up, things are taking a turn for the worse. That couldn’t be further from the truth. Yes, homebuilder sentiment is down from its highest level in 18 years, but by a mere 2 points.

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homebuilders' confidence – The Real Deal New York – homebuilders’ confidence. US homebuilder confidence drops slightly from 18-year high. january 17, 2018 03:30PM. Homebuilder sentiment hit a three-month high this month, as builders remain.

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.

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U.S. Homebuilder Sentiment Fell in June on higher lumber costs higher lumber prices have added nearly $9,000 to the price of a new single-family home since January 2017.