NAHB Builder Confidence Reaches New Historic Low at 16
July 16th, 2008
A report from Wells Fargo and the National Association of Home Builders (NAHB) suggests that homebuilders were even more pessimistic in July as the housing market index fell two points to 16, creating a new historic low in the 22-year index.
See also:
- Thursday’s Events: BOC MPC Report, U.S. Jobless Claims, Philly Fed Mfg Report (July 17th, 2008)
- U.S. Jobless Claims Rise to 366K in Week Ending July 12 (July 17th, 2008)
- U.S. Housing Starts and Building Permits Soar in June (July 17th, 2008)
- Fed’s Kroszner Says Fed Rules Will Affect Subprime and Alternative Mortgages (July 17th, 2008)
- Higher U.S. CPI, FOMC Minutes Lead to Greater Chance of Rate Hike (July 16th, 2008)