Elevated Lumber Prices Lead to Builder-Confidence Slip

NAHB Housing Market Index: "Builder Confidence Slips 2 Points As Lumber Prices Soar".....»»

Charlotte ObserverNAHB Housing Market Index: 'Builder Confidence Slips 2 Points As Lumber Prices Soar'Seeking AlphaBy Jill Mislinski. The National Association of Home Builders (NAHB) Housing Market Index (.....»»

The National Association of Home Builders reported that builder confidence remained at a solid level in September. Declining lumber prices are helping, but rising interest rates and labor shortages........»»

'Low interest rates are supporting housing affordability in a market where the cost of most materials is rising.'.....»»

A number of factors are making it harder to build homes right now, which is bad news for buyers......»»

Oil prices and U.S. stock futures dipped in early Monday trade as a landmark agreement by OPEC and its allies to slash output by a record amount failed to give investors any cause for lasting optimism about the economic outlook......»»

Oil prices slipped Friday, facing losses for the week. Geopolitical tensions remain elevated a day after an attack on two tankers in the Strait of Hormuz triggered concerns about disruptions to the global flow of the commodity......»»

The National Association of Home Builders reported a drop of two points in its housing market index in June. Soaring prices for lumber could get worse as trade relations between the U.S. and Canada........»»

US Home-builder Sentiment Solid on Strong Demand US home-builders confidence is steady in July, as solid job gains support demand while elevated material costs pressure developers, according to a report Tuesday from the National Association of Home.....»»

U.S. homebuilders are faced with rising costs for land, labor and materials, but a recent drop in lumber prices helped hold sentiment at a high level. Builder sentiment was unchanged in September. .....»»

Asia stocks struggled on Tuesday as a fresh round of U.S.-China tariffs and a surge in oil prices to near four-year highs added to worries about risks to global growth......»»

Gold futures prices slipped Wednesday as elevated bond yields hovered near their steepest since 2011 and the dollar index traded slightly higher......»»

Gold futures inch lower Wednesday as elevated bond yields hovered near their steepest since 2011......»»

Confidence among U.S. homebuilders unexpectedly rose in October, registering the first gain in five months amid falling lumber prices and solid demand, according to a report Tuesday from the National Association of Home Builders/Wells Fargo......»»

Treasury prices rose, pushing yields lower, as stocks dropped on Monday after a confidence gauge for home builders suggested higher interest rates are weighing on activity in the sector......»»

US 'Frankenchicken' Supply Hit With 'Hatchery Issues' As Production Woes May Send Prices Higher As US consumers shift from beef to chicken due to elevated supermarket prices, exacerb.....»»

Munster expressed more confidence in Nvidia, asserting, "If you think about the chips, NVIDIA still has [a] multi-year lead." read more.....»»

The foreclosure comes as the value of office buildings has plunged amid higher vacancies. Elevated interest rates have also weighed on prices and ma.....»»

U.S. equity markets slid Tuesday following a disappointing consumer confidence reading and mixed housing data......»»

Gold futures see muted moves on Tuesday, but are hanging around the highest price since early January, supported by persistent weakness in the dollar and a steady retreat in U.S. government bond debt to around two-week lows......»»