Subscribe

Home builder sentiment falls, but optimism still strong

Home builder sentiment went flat in January, with the composite HMI index remaining at 57 while the "buyer traffic" index declined to a level of 44 from 46 in the prior month.

  • close
    A builder works on a new single-family home in North Andover, Mass.
    Elise Amendola/AP/File
    View Caption
  • About video ads
    View Caption
of

Today, the National Association of Home Builders (NAHB) released their latest Housing Market Index (HMI) showing that overall assessments of housing activity went flat in January with the composite HMI index remaining at 57 while the "buyer traffic" index declined to a level of 44 from 46 in the prior month.

Overall, conditions for new home construction appear to have softened some recently and still remain below the peak assessments see prior to the Great Recession.

The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here.To add or view a comment on a guest blog, please go to the blogger's own site by clicking on paper-money.blogspot.com.

 
 
 

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...