Paper Economy - A US Real Estate Bubble Blog: Homebuilder Blues: NAHB/Wells Fargo Home Builder Ratings September 2011

Monday, September 19, 2011

Homebuilder Blues: NAHB/Wells Fargo Home Builder Ratings September 2011

Today, the National Association of Home Builders (NAHB) released their latest Housing Market Index (HMI) showing that all measures declined in September with the composite HMI index falling to 14 while the "buyer traffic" index remained near record lows as home builders continue to plod through the weakest activity seen in generations.

It's interesting to note that assessments of future conditions appears to be trending back down to series lows apparently indicating that respondents are growing more pessimistic about future conditions.

The new home market will likely not resume any significant form of healthy function until the considerable overhang of inventory is cleared.

Labels: economy, hombuilders, homebuilder sentiment, nahb

10 Comments:

Nice awesome blog. I like your post i hope so you will share another informative blog. Thanks buddy!!!

By real estate dealers, at 3:37 AM
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By sandesh saini, at 7:03 AM
Hi! I like this post, and the blog is well designed.

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By Lety, at 9:10 AM
Things will not get better until November 2012.

By Anonymous, at 9:49 AM
I think if this September is going low, it will still make a comeback and the Home Builders will become happy again. The economy is slowly rising back up again and I just hope it will positively affect the housing market, too.

By Real Estate Park City, at 10:13 PM
You provide a good statistics on property hope real estate market will make great come back soon.
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By andrew siddle, at 6:23 AM
I love to know more and more about real estate and this blog is quite relevant to real estate. Thanks for sharing useful article

By lincoln square real estate, at 2:23 AM
I like this post,Thanks for share this useful article..This article contains all information that I needed.

By Keyla Carr, at 1:15 AM
The economy is slowly rising back up again and I just hope it will positively affect the housing market, too.

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