Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Market
Homebuilders' Confidence Up To Highest Since 2006
WASHINGTON (7/17/13)--U.S. homebuilder confidence in July rose to its highest level since January 2006 because home-building companies became more positive about their sales prospects, said the National Association of Home Builders (NAHB).
 
The NAHB/Wells Fargo index of builder sentiment increased six points--to 57--this month, trumping consensus expectations of a slight decline, NAHB reported Tuesday (Bloomberg.com and Moody's Economy.com July 16). Readings above 50 indicate more respondents said conditions were good rather than bad.
 
A job market that is strengthening, limited inventories and mortgage rates that still hover near historic lows are helping builders while the housing market is adding to economic growth this year, Bloomberg said.
RSS print
News Now LiveWire
Post #QE, @federalreserve concerns still linger, says @CUNA's Schenk http://t.co/0GSrpUYpyG
21 minutes ago
.@CUNA's @HampelBill in @WSJ on @federalreserve mtg: 'No significant impact on financial markets or the economy' http://t.co/sbJycxdDXS
40 minutes ago
#ApplePay: #Creditunions need it to be competitive, says @CUNA webinar http://t.co/Rf8j9KWru2
49 minutes ago
Consumer confidence hits 7-year high #Market #NewsNow http://t.co/s7DGIGLZb3
18 hours ago
Still time 2 register 4 @TheNCUA Nov. 19 webinar, “Building a Loan Portfolio: Four Keys to Lending,” hosted by OSCUI. http://t.co/ezTFpnhHlP
19 hours ago