The Business Times
business-time-50
SUBSCRIBERS

Home builder sentiment at highest since 2005

Reading of key gauge in July indicates residential real estate market may be picking up speed

google-preferred-sourceAdd BT as a preferred source
Published Thu, Jul 16, 2015 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Washington

    CONFIDENCE among US homebuilders held in July at the highest level since November 2005, indicating the residential real estate market may be picking up speed.

    A reading of 60 in the National Association of Home Builders (NAHB)/Wells Fargo sentiment gauge followed a June figure that was revised higher, the Washington-based group reported on Thursday. A measure above 50 means more respondents said conditions were good.

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Visitors at the KL Tower. Industry observers say inbound trip cancellations have surged to approximately 5,000 in the past month.

    Malaysia tourism hit by fuel shock; tour prices may jump 50%

    A residential building hit by an air strike in Teheran. Unless Iran collapses, we must foresee that an injured state will renew every effort to rebuild and strike back, says the writer.

    The fog of the Iran war

    Chinese Foreign Minister Wang Yi stopped short of explicitly naming the US or Israel as aggressors, a telling omission from a country that otherwise speaks with little diplomatic timidity.

    Beijing’s calculated silence on the Iran war 

    Foreign institutional and individual investors trading via licensed platforms in Vietnam will face a 0.1% tax on transaction value.

    Vietnam sets low bar for crypto taxes to pull trading onshore

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More