Last week’s economic news was relatively flat, but highlights include the NAHB Housing Market Index for May, which posted its lowest reading since May 2013. Although analysts expected a May reading of 48, the May 2014 index reading was 45 as compared to April’s reading of 46.
What’s Ahead For Mortgage Rates This Week – April 21, 2014
Last week’s economic news supported the general outlook for moderate economic growth. Housing related news included the National Association of Home Builders / Wells Fargo Housing Market Index for April and Housing Starts for March.
NAHB Housing Market Index Ticks Upward
Spring is almost here, and the National Association of Home Builders Housing Market Index (NAHB HMI) thawed slightly in March.
Builder Confidence In New Home Sales Stay Near All Time High
February’s Housing Market Index reading remains near the HMI’s highest level since April 2006, when the HMI reading reached 51.
Over 70% Of US Metro Market Housing Markets Improve In February
The National Association of Homebuilders recently released its Improving Markets Index for the month of February.
Homebuilder Confidence Nearly Triples In 2 Years
The National Association of Homebuilders (NAHB) Housing Market Index ended its 8-month winning streak this month.
Homebuilder Confidence Rises For 9th Straight Month
The National Association of Home Builders (NAHB) released its Housing Market Index (HMI), showing another monthly gain — its ninth in a row.
Improving Market Index : Up To 201 Cities For December 2012
The Improving Market Index added 76 metropolitan areas in December as compared to the month prior.
Homebuilder Confidence Spikes To 6-Year High
The National Association of Home Builders (NAHB) released its Housing Market Index (HMI) Tuesday, which showed sharp, 5-point increase to 46 for November 2012,
Improving Market Index Swells To 125 In November
The NAHB released its Improving Market Index for November 2012. The index is up four-fold in just 12 months.