The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
Cortesía de Investing.com

Agenda Macro

Calendario económico en tiempo real proporcionado por Investing.com España.

Home-builder confidence jumps up in June

3 comentarios:

geniopolis.net dijo...

WASHINGTON (MarketWatch) -- A gauge of confidence among home builders jumped up in June, hitting the highest level since 2006, on more optimistic views about future and current sales, according to the National Association of Home Builders/Wells Fargo housing-market index released Monday. The overall builder-confidence index rose to 52 in June -- the first time the index has reached above a key reading of 50 since 2006 -- from 44 in May. Readings above 50 signal that builders, generally, are optimistic about sales trends. The eight-point jump in June is the index's largest increase since 2002. "Builders are seeing better market conditions as demand for new homes increases," said Rick Judson, NAHB's chairman. "With the low inventory of existing homes, an increasing number of buyers are gravitating toward new homes." Economists polled by MarketWatch had expected the overall builder-sentiment index to rise to 45 in June. The sentiment level among builders is up 79% from a year ago, supported by low interest rates and home inventories. On Tuesday the government will report on housing starts for May, and economists expect a seasonally adjusted annual rate of 940,000, compared with a rate of 853,000 for April

geniopolis.net dijo...

WASHINGTON (MarketWatch) - Construction on new U.S. houses rebounded 6.8% in May to a seasonally adjusted annual rate of 914,000 after a large drop in the previous month, the Commerce Department estimated Tuesday. The gain was below expectations. Economists polled by MarketWatch had forecast construction starts in May to increase to a rate of 953,000 from a prior April estimate of 853,000. Starts fell 14.8% in April due to a sharp decline in apartment construction. In May, starts for single-family homes increased 0.3% to a seasonally adjusted annual rate of 599,000, while starts for structures with at least five units jumped 21.6% to a rate of 315,000. Also Tuesday, the government reported that building permits, a sign of future demand, fell 3.1% in May to a rate of 974,000

geniopolis.net dijo...

WASHINGTON (MarketWatch) -- Pending home sales jumped in May to reach a six-year high, the National Association of Realtors said Thursday. The NAR's pending home sales index climbed 6.7% to 112.3 in May, from a downwardly revised 105.2 (from 106.0) in April. The index was up 12.1% from May 2012 levels. The NAR said the rise in mortgage rates has prompted some would-be buyers to move. "Even with limited choices, it appears some of the rise in contract signings could be from buyers wanting to take advantage of current affordability conditions before mortgage interest rates move higher," said Lawrence Yun, chief economist of the NAR. A sale is listed as pending when the contract has been signed but the transaction has not closed, though the sale usually is finalized within one or two months of signing. The NAR upgraded its median price forecast for 2013 to nearly $195,000 from exceeding $190,000 and its existing home sales forecast to a seven-year high of 5.07 million from "about" 5 million.