As Buyer Foot Traffic Rises, So Does Homebuilder Confidence
October 19, 2010 by John Abry · Leave a Comment
According to the NAHB, October’s HMI reading of 16 is its highest value in 5 months. The uptick hints that the market for newly-built homes may rebound more quickly that this summer’s weak new homes sales figures would otherwise suggest.
New Homes Sales Gain in June, But Gains Are Relative
July 27, 2010 by John Abry · Leave a Comment
June’s New Home Sales data is a major improvement over May, but gains are relative. It’s possible that the true “new home market” may be softer than the statistics suggest.
Buyers Take The May 2010 New Home Sales Data All The Way To The Bank
June 25, 2010 by John Abry · Leave a Comment
The press is referring to the May New Home Sales report as “poor”. A closer look, however, shows that may not be the case.