today nationwide on the business offer summary
From the sub-indicators, the current month to measure the ring of the index of homebuilders for the current sales rose 3 points to 20, also hit the highest level since May last year; to measure the index of the next six months, sales are expected to rise 2:00 The index rose to 25; weighing of potential buyers trading volume from 1:00 to 15.
general, builders confidence index above 50 indicate that the majority of builders optimistic about the prospects of housing sales, less than 50 means that the majority of builders bearish market prospects. Since April 2006, the index has been below the baseline of 50.
U.S world pie network information World Steel Pipe . National residential builders Association (NAHB's) 16 The report shows that the United States of Home Builders confidence index in November to continue to improve, showing the real estate construction industry production may be stabilized.
the Association of Home Builders confidence index for two consecutive months, the steady rise is encouraging signal that the current extremely low interest rates and house prices to lure buyers back into the market to meet the credit requirements, is expected to homebuilders confidence will continue to slowly improve in the next year. However, the overall level of the index remains quite low, because home builders are still facing high foreclosure rates, housing valuations are not allowed and the credit crunch many challenges.
the United States of Home Builders confidence index rose from 3:00 to 20 in November, its highest level since May 2010. October, the index increase from the previously announced amendment to 4:00 to 3:00.
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the U.S. National Association of Home Builders 235 000 members, accounting for 80% of the total construction amount of single-family homes built each year.