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.
Wednesday, May 20, 2015
NAHB/Wells Fargo Home Builder Sentiment: May 2015
Recently, the National Association of Home Builders (NAHB) released their latest Housing Market Index (HMI) showing that overall assessments of housing activity declined in May with the composite HMI index falling to 54 while the "buyer traffic" index declined to a level of 39 from 40 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.
