Builder confidence rose 1 point to 63 in April on the monthly National Association of Home Builders/Wells Fargo Housing Market Index.
The nation's homebuilders are pleased with the strong demand they're seeing this spring, but they continue to see buyers being held back by today's high home prices.
Sentiment has remained in the low 60s for the past three months. Anything above 50 is considered positive. Of the index's three components, current sales conditions increased 1 point to 69. Buyer traffic rose 3 points to 47 but is still in negative territory. Sales expectations over the next six months fell 1 point to 71.
Builders have offered incentives and stripped out some higher-end amenities to bring costs down for buyers, but prices are still very high in most major markets. While they might like to build more inexpensive homes, the high costs of finished lots and skilled labor continue to make that difficult.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Asia set to trade higher amid improved sentimentStronger-than-expected data from China on Friday lifted sentiment as investors look for further signs of recovery in the world's second-largest economy.
Weiterlesen »
Here are the biggest analyst calls of the day: Apple, Disney, Under Armour, homebuilders & moreHere are the biggest calls on Wall Street on Wednesday
Weiterlesen »
PODCAST || Mitch Daniels: Revolutionizing Purdue’s Affordability While Keeping A Commitment To QualityMitch Daniels, president of Purdue University, former Governor of Indiana and author and businessman shares how his radical approach to streamline the university’s budget and the innovative ways in which he’s made an education at Purdue more affordable.
Weiterlesen »
PODCAST || Mitch Daniels: Revolutionizing Purdue’s Affordability While Keeping A Commitment To QualityMitch Daniels, president of Purdue University, former Governor of Indiana and author and businessman shares how his radical approach to streamline the university’s budget and the innovative ways in which he’s made an education at Purdue more affordable.
Weiterlesen »
PODCAST || Mitch Daniels: Revolutionizing Purdue’s Affordability While Keeping A Commitment To QualityMitch Daniels, president of Purdue University, former Governor of Indiana and author and businessman shares how his radical approach to streamline the university’s budget and the innovative ways in which he’s made an education at Purdue more affordable.
Weiterlesen »
Consumer sentiment dips in April, but Americans still fairly optimistic about economyA measure of what Americans think about the economy fell slightly in April but remained at healthy levels, a sign of guarded optimism after a slowdown in U.S. growth since late last year. The consumer sentiment survey slipped to a preliminary 96.9 in April from 98.4.
Weiterlesen »
Aramco's new bonds inch up in early trade: sourcesSaudi Aramco's newly issued dollar-denominated bonds inched up on Wednesday...
Weiterlesen »
Gold eases to 1-week low as trade optimism lifts risk sentimentGold prices inched down on Monday to a more than one-week low as progress in U.S...
Weiterlesen »
Oil edges higher amid tightening global supply, gains capped by economic slowdownOil prices crept higher on Wednesday, supported by supply cuts by producer club ...
Weiterlesen »