Confidence among U.S. homebuilders fell this month because of concerns that increased demand for new homes is exceeding supplies of ready-to-build land, building materials and workers.
U.S. sales of new homes jumped last month to the highest level in more than two years, further evidence of a sustained housing recovery that could help lift the lackluster economy.
U.S. homebuilders grew more confident in the housing recovery in August, as many reported that prospects for sales are the best they've been since the home bubble burst five years ago.
U.S. homebuilders are gradually growing more optimistic about the depressed housing market and believe homes sales could pick up sharply when the spring buying season begins.
By DEREK KRAVITZ AP Real Estate Writer WASHINGTON (AP) – U.S. homebuilders are less pessimistic about the struggling housing market, but not enough to signal a recovery any time soon. The National Association of Home Builders said Tuesday that its ...
By DEREK KRAVITZ AP Real Estate Writer WASHINGTON (AP) – The U.S. homebuilders’ outlook worsened in September, as foreclosures and anxious buyers hurt construction and sales activity. The National Association of Home Builders reported Monday that its index of builder ...
By Alan Zibel AP Real Estate Writer Washington — Homebuilders’ confidence in the housing market stayed this month at the lowest level in 18 months, and more worry that the traffic of potential buyers is falling. The National Association of ...