May Uptick in Builder Confidence Proves Fleeting

May Uptick in builder confidence proves fleeting The National Association of Home Builders’ (NAHB’s) measure of builder confidence broke out of its multi-month slump in May, rising 3 points. Much of that gain was reversed this month as the NAHB/Wells fargo housing market index (hmi) dropped by 2 points to 64, returning to the low- to-mid-60s.

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May Uptick in Builder Confidence Proves Fleeting . May Uptick in Builder Confidence Proves Fleeting . mortgagenewsdaily.com The National Association of Home Builders’ (NAHB’s) measure of builder confidence broke out of its multi-month slump in May, rising 3 points. Much of that gain was reversed this month as the NAHB/Wells Fargo Housing Market.

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but second quarter results suggest that the relief may be fleeting. Distress in the mortgage markets and contingency sales are teaming up to keep buyers from the closing table, adding to already.

May Uptick in Builder Confidence Proves Fleeting Jun 17 2019, 10:20AM The National Association of Home Builders’ (NAHB’s) measure of builder confidence broke out of its multi-month slump in May. Well, as the week progressed and the data flow continued, we couldn’t help but wonder if this new-found builder confidence might prove fleeting.