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The Housing Industry Is Painting a Positive Outlook for the Economy
In April, the number of building permits issued was reported at 1.35 million, a decrease of 1.8% from the downward revised March reading of 1.37 million permits.
Why American Builders’ Confidence Fell 1 Point in March
The HMI (housing market index) was reported to have decreased by one point to 69 in April 2018.
How Confident Are American Builders?
The March housing market index reading is at 70, a one-point decline from the revised February reading of 71.
Why the Rebound in Building Permits Is Positive for the US Economy
The Conference Board uses the number of building permits issued as one of the key constituents of its LEI (Leading Economic Index) model.
Why American Homebuilders Are Confident about Industry
February’s HMI reading was reported at 72, unchanged from the January reading and two points below the 18-year peak reported in December.
How Confident Are Homebuilders at the Beginning of 2018?
Comments from NAHB members indicated that homebuilders are optimistic about the future demand and projected increased activity in the housing sector.
Housing Market: Builders’ Confidence Reaches an 18-Year High
For November, the NAHB Housing Market Index was reported as 74—an increase of five from October and an 18-year high.