Homebuilder sentiment cools in January from 18-year high

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America’s homebuilders haven’t felt this good since the last millennium. On Monday, the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) – more commonly known as homebuilder sentiment – hit an 18-year high of 74, topping expectations for a reading of 70 and well above last month’s reading of 69.

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Homebuilder Sentiment in US Cools in January From 18-Year. – The first builder-sentiment reading for 2018, albeit a decline from a 18-year high, is consistent with other reports that indicate residential construction will build on recent growth, as a solid job market, relatively low mortgage costs and rising confidence help propel housing demand.

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Homebuilder confidence falls from 18-year high, but it's. – Homebuilder confidence falls from 18-year high, but it’s still strong. Builder sentiment fell 2 points to 72 in January, according to a monthly survey from the National Association of Home Builders called the housing market index. The downward move comes after the measurement hit an 18-year high in December, following the passage of the Republican tax cut plan.

On Monday, the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) – more commonly known as homebuilder sentiment – hit an 18-year high of 74, topping expectations for.

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A recent article indicated "Homebuilder sentiment cools in January from 18-year high". Sounds a little ominous. Like, maybe the jig is up, things are taking a turn for the worse. That couldn’t be further from the truth. Yes, homebuilder sentiment is down from its highest level in 18 years, but by a mere 2 points.

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Homebuilder Sentiment in U.S. Cools From Almost 12-Year High . April 20, 2017 – Michelle Jamrisko – Bloomberg. Confidence among U.S. home builders cooled in April after jumping a month earlier to the highest level since mid-2005, according to data Monday from the National Association of Home.