More good news for the Central Florida real estate market as the National Association of Home Builders reported home builder sentiment rises to 49 in June, just one point shy of the threshold for what is considered good building conditions. This increase beats the estimate of 47 and is an indicator that builders are expecting sales to continue to increase in the months ahead as the summer home buying season gets into full swing.
National Associated of Home Builders: Home Builder Sentiment Rises to 49 in June
Posted by Tim Weisheyer on Jun 17, 2014 9:00:00 PM
Topics: First Time Home Buyer, Buying a Home, Building a Home, Home Builders
NAHB: Home builder confidence rises one point to 47 in April 2014
Posted by Tim Weisheyer on Apr 16, 2014 1:14:31 PM
More good news for the Central Florida real estate market as the National Association of Home Builders reported homebuilder sentiment rose to 47 in April, from 46 in March.
Although this is a very modest increase, it is an indicator that builders are expecting sales to continue to increase in the months ahead as the spring home buying season gets into full swing.
This is further supported by the Commerce Department's report that new home construction starts rose 2.8% in March to an annualized rate of 946,000.
Central Florida is poised for continued growth and as we see more new construction coming out of the ground it is a good sign for increasing home prices and economic stability in the region.
This press release originally appeared on the National Association of Home Builders' Newsroom on April 15, 2014 here.
Topics: First Time Home Buyer, Buying a Home, Building a Home, Home Builders