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News Tag: National Association of Home Builders

July 20, 2010

US housing starts fall, building permits up

by Kay Murchie
US housing starts fall, building permits up
The Commerce Department has today revealed US housing starts plummeted in June - far more than expected, raising fears for the already fragile housing market. According to the Commerce Department, construction of new US homes fell 5% in the month to a seasonally adjusted annual rate of 549,000 properties – the lowest since October 2009 and represented the second consecutively monthly ...



July 19, 2010

US home builder confidence slumps in July

by Kay Murchie
US home builder confidence slumps in July
The National Association of Home Builders (NAHB) today revealed a fall in confidence, sending shares lower. Wall Street experienced falls after the US home builder sentiment index fell in July to the lowest level since April 2009 after the Government tax credit incentive expired a few months ago. According to the index, confidence among US home builders continued to slump as the ...