Homebuilder confidence jumps by the most in 11 months – NAHB
By Amina Niasse NEW YORK (Reuters) – U.S. homebuilder confidence spiked in January by the most since February 2023 as declining interest rates for mortgages enhanced affordability for many buyers who were…
Homebuilder confidence weakens again but easing rates may brighten the outlook – NAHB
By Amina Niasse NEW YORK (Reuters) – U.S. home builder confidence weakened in November despite signs of easing mortgage rates that could bolster the outlook into the end of the year, according…
US homebuilder confidence falls to lowest since April, says NAHB
By Amina Niasse NEW YORK (Reuters) – U.S. homebuilder confidence fell for a second month in September, with optimism dropping to the lowest since April as high interest rates cut into affordability…
UK homebuilder shares tumble after Crest Nicholson cuts annual profit outlook
LONDON (Reuters) – UK homebuilder shares tumbled on Monday, set for their biggest one-day drop in over six weeks, led by a 14.9% fall in Crest Nicholson shares which plunged after the…
Homebuilder Lennar raises full-year forecast for home deliveries
(Reuters) – Lennar Corp on Wednesday raised its full-year forecast for home deliveries, as the homebuilder benefits from upbeat demand that far outpaced supply. Shares of the company were up nearly 3%…
US homebuilder sentiment rises to 10-month high in May
WASHINGTON (Reuters) – U.S. homebuilder sentiment rose to a 10-month high in May as tight housing supply boosted demand for new construction, according to a survey on Tuesday that also showed tightening…
Homebuilder PulteGroup’s quarterly profit beats estimates on higher house prices
(Reuters) – U.S. homebuilder PulteGroup Inc on Tuesday beat Wall Street estimates for quarterly profit on the back of higher house prices in a tightening market. Higher prices have helped U.S. homebuilders…
Brazilian homebuilder MRV looking for a partner for its U.S. subsidiary AHS- CFO
By Tatiana Bautzer SAO PAULO – Brazilian homebuilder MRV Engenharia e Participacoes is looking for a partner for its U.S. subsidiary AHS Residential to fund its expansion, CFO Ricardo Paixao Rodrigues told…
U.S. homebuilder sentiment drops to seven-month low amid surging mortgage rates
By Lucia Mutikani WASHINGTON – Confidence among U.S. single-family homebuilders fell to a seven-month low in April as surging mortgage rates and snarled supply chains boosted housing costs, shutting out some first-time…
Homebuilder DR Horton first-quarter profit jumps
– D.R. Horton Inc posted a 44.2% rise in quarterly profit on Wednesday, benefiting from record-high property prices and lower interest rates on home loans. Net income attributable to the largest U.S.…
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