Looking at the data, its pretty clear that while there was a bit of a pullback in activity earlier in the year, homebuilder sentiment and, in particular, assessments of buyer activity have improved.
Wednesday, August 20, 2014
Homebuilder Blues: NAHB/Wells Fargo Home Builder Ratings August 2014
Recently, the National Association of Home Builders (NAHB) released their latest Housing Market Index (HMI) showing that assessments of housing activity improved notably in August with the composite HMI index climbing to 55 from 53 the prior month while the "buyer traffic" index rose to a level of 42.
Looking at the data, its pretty clear that while there was a bit of a pullback in activity earlier in the year, homebuilder sentiment and, in particular, assessments of buyer activity have improved.
Looking at the data, its pretty clear that while there was a bit of a pullback in activity earlier in the year, homebuilder sentiment and, in particular, assessments of buyer activity have improved.
