Homebuilder sentiment cools from almost 12-year high

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Home prices in April were 3.5% higher than a year earlier, according to the S&P. of Home Builders/Wells Fargo Housing Market Index (HMI) released today. Sentiment levels have held at a solid range in the low- to mid-60s for the past five months. Over the past 12 months, housing starts have tumbled 10.2%.

Homebuilder Sentiment in U.S. Cools in January From 18-Year High By Tony Seruga Sentiment among America’s homebuilders eased in January to the second-highest level since 2005, a sign the housing market will continue to make strides this year, according to data Wednesday from the National Association of home builders/wells fargo.

A monthly index of builder sentiment jumped six points to the highest level in 12 years. The National Association of Home Builders/Wells Fargo Housing Market index hit 71 in March, a sizable jump.

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Purchases of new U.S. homes unexpectedly increased in March to an eight-month high, indicating housing demand remained strong at the start of the spring buying season, Commerce Department data.

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US Homebuilder Sentiment Surges to 12-year High in March. have been since the high-flying days of the housing boom. The National Association of Home Builders/Wells Fargo builder sentiment index.

U.S. Home builders are feeling more optimistic about the economy and current housing market than at any point since June 2005 – this is according to The National Association of Home builders’ home builder sentiment released Wednesday. The index surged 6 points since the February to a reading of 71.

U.S. homebuilder sentiment surges to 12-year high in March Real estate signs mark the lots near one of the new homes for sale in a development for new homes in Cranberry Township, Pa. Keith.

“Not to sound like a total cheesebag, but when you see people get excited and go, Oh my God, this is the song that I’ve been singing for a long time’ – it’s cool, because we. that will inspire.

US Homebuilder Sentiment Surges To 12-Year High In March U.S. homebuilders are feeling more optimistic about their sales prospects than they have been since the high-flying days of the housing boom.