Homebuilder confidence remains flat at depressed levels

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Builder confidence in the market for newly-built single-family homes slipped two points in July to a level of 64 from a downwardly revised June reading on the National Association of Home Builders/Wells Fargo housing market index (hmi). It is the lowest reading since November 2016.

There remains a long growth runway for operationally efficient builders. In our Real Estate Rankings series, we analyze each of the commercial and residential real estate sectors. We rank each.

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Homebuilder optimism climbed to the highest level since the federal homebuyer tax credit started in April 2010, according to the latest National Association of Home Builders index. The NAHB and.

Home builder confidence is up, construction is still weak. Construction remains low compared to pre-crisis levels. In 2004 and 2005, housing unit building permits exceeded 2 million, but in 2010, the number was down to 603,000 units. Due to increased rental demand, a slight increase in housing starts I expected in Q4 2011.