标题: [转贴] Home builder confidence jumps 4 points in November [打印本页] 作者: marketwatch 时间: 2014-11-18 21:36 标题: Home builder confidence jumps 4 points in November
U.S. home builders are seeing more buyer traffic through their model homes, and that was enough to boost their overall confidence in November far higher than expected.
Builder sentiment in the single-family housing market jumped 4 points to a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Anything higher than 50 is considered positive.
"Low interest rates, affordable home prices and solid job creation are contributing to a steady housing recovery," said National Association of Home Builders Chief Economist David Crowe. "After a slow start to the year, the HMI has remained above the 50-point benchmark for five consecutive months, and we expect the momentum to continue into 2015."
Builder confidence was mired in negative territory for the first half of 2014, amid higher home prices, weaker consumer confidence and tight inventory. Several of the nation's large public home builders admitted they were too aggressive in raising prices last year, and this fall they began to remedy that. The median price of a newly built home sold in September was 4 percent lower than it was in September of 2013.
All three components of the HMI saw gains in November: Current sales conditions rose 5 points to 62, future sales expectations rose 2 points to 66 and buyer traffic increased 4 points to 45—the only component still negative.作者: oldhorse 时间: 2014-11-18 21:39