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Showing posts with label Homebuilder. Show all posts
Showing posts with label Homebuilder. Show all posts

Wednesday, April 13, 2011

Homebuilder Blues: NAHB/Wells Fargo Home Builder Ratings February 2011

Today, the National Association of Home Builders (NAHB) released their latest Housing Market Index (HMI) showing a flattening for most measures with the "buyer traffic" index remaining near record lows as home builders continue to plod through the weakest activity seen in generations.

It's important to recognize that currently the HMI index is showing a slight year-over-year decline and still remains very near the lowest levels seen in over 20 years, a testament to the significance of the latest pullback.

The new home market will likely not resume any significant form of healthy function until the considerable overhang of inventory is cleared.




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Thursday, February 17, 2011

Homebuilder Blues: NAHB/Wells Fargo Home Builder Ratings January 2011

Today, the National Association of Home Builders (NAHB) released their latest Housing Market Index (HMI) showing a flattening for most measures with the "buyer traffic" index improving slightly to 12 as home builders continue to plod through the weakest activity seen in generations.

It's important to recognize that currently the HMI index is showing a slight year-over-year increase but still remains very near the lowest levels seen in over 20 years, a testament to the significance of the latest pullback.

The new home market will likely not resume any significant form of healthy function until the considerable overhang of inventory is cleared.




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Copyright © 2011
PaperEconomy Blog - www.papereconomy.com
All Rights Reserved

Disclaimer



View the original article here

Saturday, January 1, 2011

Homebuilder Blues: NAHB/Wells Fargo Home Builder Ratings December 2010

Today, the National Association of Home Builders (NAHB) released their latest Housing Market Index (HMI) showing a flattening for most measures with the "buyer traffic" index weakening to 11 as home builders continue to plod through the weakest activity seen in generations.

It's important to recognize that currently each sentiment index is showing year-over-year declines with each still sitting very near the lowest levels seen in over 20 years, a testament to the significance of the latest pullback.

Further, the "buyer traffic" index is showing the weakest results pulling back some 15.38% since December of 2009 and sitting just above the lowest level ever recorded.

The new home market will likely not resume any significant form of healthy function until the considerable overhang of inventory is cleared.




Labels: , ,

Copyright © 2010
PaperEconomy Blog - www.papereconomy.com
All Rights Reserved

Disclaimer



View the original article here