Homebuilder sentiment declines to an eight-month low

Homebuilder sentiment fell to an eight-month low in June as a perfect storm of weak existing-home prices, rising material costs, distressed property sales and sluggish consumer confidence brewed.

The sentiment index tumbled eight points in November, charting a bigger monthly decline than what was seen in the worst of the housing crisis.

U.S. homebuilder sentiment declined for a third straight month in March, according to a report from the National Association of Home Builders Monday.

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Sentiment among American homebuilders deteriorated to an eight-month low in July on concerns about higher material costs, according to July 18 data from the National Association of Home Builders.

The decline in builder sentiment follows a report earlier on Monday that showed a sharp slowdown in business at New York-area factories. The New York Fed’s empire state manufacturing index tumbled in.

U.S. home builder sentiment recorded its steepest one-month drop in over. The index's eight-point drop was the biggest monthly decline since a. builders' view on prospective buyers declined to 45, the lowest level since.

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Homebuilder sentiment drops in December to the lowest point in more than 3 years. new homes even as mortgage rates have pulled back in the past month.. and then again in September to the highest level in eight years.

Homebuilder confidence declines to nine-month low. The National Association of Home Builders/Wells Fargo builder sentiment index decreased to 58 in February from a revised reading of 61 the.

Home builder sentiment at eight-month low Homebuilder sentiment declines to an eight-month low Homebuilder Sentiment Remains Near Highest Level Since 1999. Confidence among U.S. homebuilders unexpectedly fell in March to an eight-month low as prospective buyers were in little rush to.

NEW DELHI: India’s retail inflation marginally accelerated to an eight-month high in June, but remained within the..

Homebuilder Sentiment in U.S. Declines to an Eight-Month Low Michelle Jamrisko Jul 18 2017, 2:00 PM Jul 19 2017, 6:14 AM July 18 2017, 2:00 PM July 19 2017, 6:14 AM

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AP Photo/Mike Groll Homebuilder sentiment declined to 55, more than expected, in February, according to the latest data from the National Association of Homebuilders. Expectations were for the reading to come in at 58, up slightly from last month’s 57 reading. January’s report was a slight retreat.