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Housing legislation stabilizes builders' outlook; index remains at 16.
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NAHB renews call for first-time home buyer tax credit.
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NAHB Announces HMI Decline, Pleads for Help for Housing From Congress.
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Traffic, sales expectations down in May.
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NAHB/Wells Fargo Housing Market Index remains unchanged.
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OFHEO decision to remove limits on the GSEs mortgage portfolios lifts stock market temporarily, but reality sets in when investors realize tough housing market not going away in the short run.
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Prices retreated in 17 of the 20 cities covered by S&P.
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Despite slight uptick, housing index near historic 23-year low.
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But long-term trends point to growth, especially for outdoor living improvements
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Home builder confidence took a small step forward in January but still remains mired in gloom according to a report released by the National Association of Home Builders (NAHB) on Wednesday afternoon. The NAHB/Wells Fargo Housing Market Index (HMI) for current sales conditions for single-family...
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Noting that mortgage issues and excess inventory continue to impact home builders, the NAHB today announced that its Housing Market Index held steady in December, at a record-low of 19. The NAHB/Wells Fargo HMI tracks builder perceptions and expectations of current and future single-family home...
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Builder confidence held at record lows in November due to "continuing mortgage market problems and a substantial inventory overhang," according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. The overall HMI was 19, which was the same as...
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The Housing Market Index of builder confidence dropped two more points in October to 18, the HMI's lowest point since NAHB and Wells Fargo began issuing the report in January 1985, and a slide of 41.9 percent compared with the same time last year. The report says builder confidence for new...
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The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) continues its slide down in 2007, dropping to its lowest level since 1991. The latest HMI was jointly released Tuesday afternoon. The organizations cite unsold surplus, the looming subprime lending issues, and...
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The metro areas of Indianapolis-Carmel and Youngstown-Warren-Boardman, Ohio-Pa., tied for the nation's top major affordable U.S. housing market in 2007's first quarter according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index. Indianapolis is at the top of...
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Indicating that low interest rates and solid house-price appreciation are motivating new-home buyers across much of the country, the NAHB's Housing Market Index (HMI) rose eight points to 57 in December.