US Housing Market Index »

  • H.S. Borji

    US homebuilder confidence was little changed in January, as current sales conditions held steady in the latest sign the housing recovery was gradually responding to declining mortgage rates and more plentiful jobs. The housing market index, courtesy of the National Association of Home Builders, dropped one point to 57, easing further below September’s nearly nine

  • H.S. Borji

    US housing starts and building permits declined more than forecast in November, although the general trend continued to point to a solid recovery in builder activity as the market continues to gather momentum. Groundbreaking for new homes declined 1.6 percent to a seasonally adjusted annual rate of 1.028 million, while October starts were revised up

  • H.S. Borji

    US homebuilder confidence rebounded faster than forecast in November, as growing consumer optimism and declining mortgage rates fueled buyer traffic and sales activity. The housing market index, courtesy of the National Association of Home Builders, rose four points to 58, close to September’s nearly nine year high of 59. Economists forecast a slight increase to

  • H.S. Borji

    US homebuilder confidence declined unexpectedly in October after four consecutive monthly gains, a sign the housing market will struggle to regain its footing following a prolonged slow period. The housing market index, courtesy of the National Association of Home Builders, declined five points to 54. The closely followed index reached 59 in September, its highest

  • The US dollar edged lower against a basket of currencies Monday, as investors weighed the latest batches of US economic data against escalating violence in Iraq. The US dollar index, a broad measure of the greenback’s performance against a basket of six currencies, declined 0.12 percent to 80.48. The dollar index tumbled in the second

  • US homebuilder confidence increased in June, but remained slightly below the threshold for what is considered good building conditions. The Housing Market Index, courtesy of the National Association of Home Builders, increased four points to 49. A median estimate of economists called for a reading of 47. The 50 level separates positive sentiment from negative.

  • H.S. Borji

    The sale of previously-owned US homes rebounded sharply in April in the latest sign the housing recovery was gathering pace after a volatile first quarter. Existing US home sales rose 1.3 percent to an annual rate of 4.65 million, rebounding from a 20-month low of 4.59 million, the National Association of Homebuilders reported today. The

  • H.S. Borji

    US homebuilder confidence remained subdued in May, reflecting broader market sentiment about the modest housing recovery. The Housing Market Index, courtesy of the National Association of Home Builders, declined one point to 45. Last month’s indicator was downwardly revised from 47 to 46. A median estimate of economists called for a reading of 49. The

  • H.S. Borji

    Today’s disappointing reading of the Housing Market Index has shifted the spotlight back to the US housing sector. The Commerce Department on Wednesday will report on housing starts and building permits, giving investors a glimpse at the housing recovery at the end of the first quarter. Tomorrow’s reading could show housing starts increased 63,000 to

  • US homebuilder confidence was relatively unchanged this month, a sign the housing sector will need time to rebound from the winter downturn that saw homebuilder confidence plunge ten points in February. The Housing Market Index, courtesy of the National Association of Home Builders, rose from 46 to 47 this month. A median estimate of economists