U.S. Homebuilder Sentiment Unexpectedly Posts First Drop in 2019

U.S. homebuilder sentiment unexpectedly posts First Drop in 2019 Sentiment among U.S. homebuilders unexpectedly posted the first decline this year, suggesting lower mortgage rates are failing to give the housing market a sustained boost amid property prices that remain out of reach for many buyers.

 · U.S. Homebuilder Sentiment Data Soft in June: ETFs in Focus. This is considered the first drop in 2019 by the index (read: ETFs in Focus on Impressive Rise in May Retail Sales). In fact, all three components of the index declined slightly. The current sales conditions declined by a point to 71. Moreover, buyer traffic fell by one point to 48.

U.S. Homebuilder Sentiment Unexpectedly Posts First Drop in 2019 Ryan Haar , Bloomberg News Contractors work on the roof of a home under construction in Charlotte, North Carolina.

Homebuilder sentiment unexpectedly posts first drop in 2019 Sentiment among homebuilders unexpectedly posted the first decline this year, suggesting lower mortgage rates are failing to give the housing market a sustained boost amid property prices that remain out of reach for many buyers.

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U.S. Homebuilder Sentiment Unexpectedly Rises With solid demand sarah foster , Bloomberg News (Bloomberg) — Confidence among U.S. homebuilders unexpectedly rose in October, registering the first gain in five months amid falling lumber prices and solid demand, according to a report Tuesday from the National Association of Home Builders/Wells Fargo.

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Homebuilder Sentiment Unexpectedly Posts First Drop In 2019 Sentiment among homebuilders unexpectedly posted the first decline this year, suggesting lower mortgage rates are failing to give the housing market a sustained boost amid property prices that remain out of reach for many buyers.

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 · The National Association of Home Builders/Wells Fargo Housing Market Index dropped eight points in November to 60, the lowest level since August 2016, according to a report Monday. That compared with the median estimate of economists for a one-point drop to 67.