Home Builder Sentiment Punctuates the Slowdown in the Housing Market

I normally wait until my monthly Housing Market Review to report housing data, but I made an exception for November’s NAHB/Wells Fargo Housing Market Index (HMI) which measures the aggregate of home builder sentiment. The plunge in sentiment delivered a timely exclamation point to all the other signs of a slowdown I have been observing … Read more

Housing Market Review (October, 2018) – Trend Breaks And A Plunge-Worthy Housing Slowdown

I saw a flicker of hope for home builders in the May Housing Market Review. Traders decided to snuff that flicker out very quickly afterward. When I wrote June’s housing market review and described a “struggling flicker,” the iShares US Home Construction ETF (ITB) was once again bouncing off the bottom of 2018’s trading range. … Read more

Housing Market Review (September, 2018) – Data Weigh Heavy On A Breakdown for Home Builders

I saw a flicker of hope for home builders in the May Housing Market Review. Traders decided to snuff that flicker out very quickly afterward. When I wrote June’s housing market review and described a “struggling flicker,” the iShares US Home Construction ETF (ITB) was once again bouncing off the bottom of 2018’s trading range. … Read more

Housing Market Review (August, 2018) – Worsening Affordability Issues Add to Weakening Data

I saw a flicker of hope for home builders in the May Housing Market Review. Traders decided to snuff that flicker out very quickly afterward. When I wrote June’s housing market review and described a “struggling flicker,” the iShares US Home Construction ETF (ITB) was once again bouncing off the bottom of 2018’s trading range. … Read more

Housing Market Review (July, 2018) – A Wobbly Edifice As Builders Break Down And Data Weaken

I saw a flicker of hope for home builders in the May Housing Market Review. Traders decided to snuff that flicker out very quickly afterward. When I wrote June’s housing market review and described a “struggling flicker,” the iShares US Home Construction ETF (ITB) was once again bouncing off the bottom of 2018’s trading range. … Read more