Overall, conditions for new home construction appear to have softened some recently and still remain below the peak assessments see prior to the Great Recession.
Monday, March 16, 2015
NAHB/Wells Fargo Home Builder Sentiment: March 2015
Today, the National Association of Home Builders (NAHB) released their latest Housing Market Index (HMI) showing that overall assessments of housing activity declined in March with the composite HMI index falling to 53 while the "buyer traffic" index declined to a level of 37 from 39 in the prior month.
Overall, conditions for new home construction appear to have softened some recently and still remain below the peak assessments see prior to the Great Recession.
Overall, conditions for new home construction appear to have softened some recently and still remain below the peak assessments see prior to the Great Recession.
