Homebuilder confidence remains high, but rising costs present major risks

CNBC2021-05-17

KEY POINTS Builder sentiment in the single-family housing market was unchanged at 83 in May. Sales expectations in the next six months rose one point to 81. "Some builders are slowing sales to manage...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

TinySloth
2021-05-17
TinySloth
Comment please
- Skygeemusic:
  Ok
- Abcdefgg:
  Buy
AntonyGeorge
2021-05-17
AntonyGeorge
Like and comment
- AntonyGeorgeReplytearach:
  good
- tearach:
  huck
- AntonyGeorge:
  good
AntonyGeorge
2021-05-17
AntonyGeorge
Like and cokment
MJJJJ
2021-05-17
MJJJJ
like and comment
- AntonyGeorge:
  coment
chele
2021-05-17
chele
First! Pls like and comment, thanks!
- Liuttj1993:
  coool
- Alanleejw:
  Ok

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1142806806?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-05-17 22:05","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1142806806","market":"us","top_or_hot":-1,"title":"Homebuilder confidence remains high, but rising costs present major risks","media":"CNBC","content":"<div>\n<p>KEY POINTS\n\nBuilder sentiment in the single-family housing market was unchanged at 83 in May.\nSales expectations in the next six months rose one point to 81.\n\"Some builders are slowing sales to manage...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/17/homebuilder-confidence-remains-high-despite-rising-costs.html\">Source Link</a>\n\n</div>\n","source":"cnbc_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Homebuilder confidence remains high, but rising costs present major risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHomebuilder confidence remains high, but rising costs present major risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/17/homebuilder-confidence-remains-high-despite-rising-costs.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nBuilder sentiment in the single-family housing market was unchanged at 83 in May.\nSales expectations in the next six months rose one point to 81.\n\"Some builders are slowing sales to manage...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/17/homebuilder-confidence-remains-high-despite-rising-costs.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".IXIC","symbol_name":"NASDAQ Composite","start_time":0,"source_url":"https://www.cnbc.com/2021/05/17/homebuilder-confidence-remains-high-despite-rising-costs.html","article_id":"1142806806","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/05/17/homebuilder-confidence-remains-high-despite-rising-costs.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1142806806","pubTimestamp":1621260336,"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"KEY POINTS\n\nBuilder sentiment in the single-family housing market was unchanged at 83 in May.\nSales ","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"translate_title":"房屋建筑商的信心仍然很高，但成本上升带来了主要风险","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"KEY POINTS\n\nBuilder sentiment in the single-family housing market was unchanged at 83 in May.\nSales expectations in the next six months rose one point to 81.\n\"Some builders are slowing sales to manage their own supply-chains, which means growing affordability challenges for a market in critical need of more inventory,\" said NAHB's chief economist\n\nStrong buyer demand is keeping homebuilders confident, but the risk of rising construction material costs continues to weigh on housing affordability.\nBuilder sentiment in the single-family housing market was unchanged at 83 in May, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Anything above 50 is considered positive sentiment.\nThe index had plummeted to 37 in May of last year, as the pandemic lockdown hit and the housing market completely shut down. It then rebounded dramatically in June and July, as consumers rushed out to buy suburban homes, seeking more space for working and schooling from home.\nBuilders now say they continue to see a steady stream of buyers, due in large part to the extreme shortage of existing homes for sale. Continued low mortgage rates are helping some with affordability, but with prices rising fast, purchasing power is weakening.\n“First-time and first-generation home buyers are particularly at risk for losing a purchase due to cost hikes associated with increasingly scarce material availability,” said Chuck Fowler, NAHB chairman and a home builder from Tampa, Florida.\nAggregate residential material costs are now up 12% year-over-year, according to the NAHB, and those costs continue to rise. That is causing a critical problem not just for builders, but for the overall market.\n“Some builders are slowing sales to manage their own supply-chains, which means growing affordability challenges for a market in critical need of more inventory,” said Robert Dietz, NAHB’s chief economist. “Homebuyers should expect rising prices throughout 2021 as the cost of materials, land and labor continue to rise.”\nOf the index’s three components, current sales conditions were unchanged at 88. Sales expectations in the next six months rose one point to 81. Buyer traffic fell one point to 73.\nOn a the three-month moving average, builder sentiment in the South rose one point to 84 and was unchanged in the West at 90. In the Northeast, sentiment fell four points to 82 and in the Midwest it dropped three points to 75.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":195139693,"gmtCreate":1621261313912,"gmtModify":1704354831844,"author":{"id":"3578627371212593","authorId":"3578627371212593","name":"TinySloth","avatar":"https://static.tigerbbs.com/614de352b134e2f119866af27cdd9409","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Comment please&nbsp;","listText":"Comment please&nbsp;","text":"Comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/195139693","repostId":1142806806,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4356782,"gmtCreate":1621262978035,"gmtModify":1680789304434,"authorId":3581586064432892,"author":{"id":3581586064432892,"authorId":3581586064432892,"name":"Skygeemusic","avatar":"https://static.tigerbbs.com/3f99d0ab8a8308e7405bd556cee37483","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":195139693,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":4356583,"gmtCreate":1621261573375,"gmtModify":1680789302351,"authorId":3574299068791767,"author":{"id":3574299068791767,"authorId":3574299068791767,"name":"Abcdefgg","avatar":"https://community-static.tradeup.com/news/645948bcf5704d317bf815cb4a72172e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":195139693,"type":1,"supId":0,"prevId":0,"content":"Buy","text":"Buy","html":"Buy"}],"langContent":"EN"},{"id":195197035,"gmtCreate":1621261115627,"gmtModify":1704354828387,"author":{"id":"3575960528012254","authorId":"3575960528012254","name":"AntonyGeorge","avatar":"https://static.tigerbbs.com/42c9567b5a3657003840b0dc4fcee15c","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/195197035","repostId":1142806806,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4360510,"gmtCreate":1621298044748,"gmtModify":1680789375551,"authorId":3575960528012254,"author":{"id":3575960528012254,"authorId":3575960528012254,"name":"AntonyGeorge","avatar":"https://static.tigerbbs.com/42c9567b5a3657003840b0dc4fcee15c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3575256032463698,"repliedAuthor":{"id":3575256032463698,"authorId":3575256032463698,"name":"tearach","avatar":"https://static.tigerbbs.com/861adeae93387d8335f9550889bafb00","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":195197035,"type":1,"supId":4356485,"prevId":4358974,"content":"good","text":"good","html":"good"},{"id":4358974,"gmtCreate":1621293014357,"gmtModify":1680789348313,"authorId":3575256032463698,"author":{"id":3575256032463698,"authorId":3575256032463698,"name":"tearach","avatar":"https://static.tigerbbs.com/861adeae93387d8335f9550889bafb00","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":195197035,"type":1,"supId":4356485,"prevId":0,"content":"<u>huck</u>","text":"<u>huck</u>","html":"<u>huck</u>"},{"id":4356485,"gmtCreate":1621261132496,"gmtModify":1680789301483,"authorId":3575960528012254,"author":{"id":3575960528012254,"authorId":3575960528012254,"name":"AntonyGeorge","avatar":"https://static.tigerbbs.com/42c9567b5a3657003840b0dc4fcee15c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":195197035,"type":1,"supId":0,"prevId":0,"content":"good","text":"good","html":"good"}],"langContent":"EN"},{"id":195194577,"gmtCreate":1621261089699,"gmtModify":1704354831348,"author":{"id":"3575960528012254","authorId":"3575960528012254","name":"AntonyGeorge","avatar":"https://static.tigerbbs.com/42c9567b5a3657003840b0dc4fcee15c","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like and cokment","listText":"Like and cokment","text":"Like and cokment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195194577","repostId":1142806806,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":195191856,"gmtCreate":1621260772075,"gmtModify":1704354821021,"author":{"id":"3578394491988683","authorId":"3578394491988683","name":"MJJJJ","avatar":"https://static.itradeup.com/news/6b2be3f8d55383c679a9c600c13bd52a","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"like and comment","listText":"like and comment","text":"like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/195191856","repostId":1142806806,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4356475,"gmtCreate":1621261096899,"gmtModify":1680789301780,"authorId":3575960528012254,"author":{"id":3575960528012254,"authorId":3575960528012254,"name":"AntonyGeorge","avatar":"https://static.tigerbbs.com/42c9567b5a3657003840b0dc4fcee15c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":195191856,"type":1,"supId":0,"prevId":0,"content":"coment","text":"coment","html":"coment"}],"langContent":"EN"},{"id":195103623,"gmtCreate":1621260385262,"gmtModify":1704354807242,"author":{"id":"3581297437659130","authorId":"3581297437659130","name":"chele","avatar":"https://static.tigerbbs.com/8d0edba69115ae29cdd299950cba46fc","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"First! Pls like and comment, thanks!&nbsp;","listText":"First! Pls like and comment, thanks!&nbsp;","text":"First! Pls like and comment, thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/195103623","repostId":1142806806,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4356367,"gmtCreate":1621260599216,"gmtModify":1680789306082,"authorId":3572835286072454,"author":{"id":3572835286072454,"authorId":3572835286072454,"name":"Liuttj1993","avatar":"https://static.tigerbbs.com/27b443cc8303bd949bd31bc88f300a85","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":195103623,"type":1,"supId":4356359,"prevId":0,"content":"<u>coool</u>","text":"<u>coool</u>","html":"<u>coool</u>"},{"id":4356359,"gmtCreate":1621260578702,"gmtModify":1680789305192,"authorId":3573201524091165,"author":{"id":3573201524091165,"authorId":3573201524091165,"name":"Alanleejw","avatar":"https://static.tigerbbs.com/e98047d5efed36f1cd5be3fcd0c6411a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":195103623,"type":1,"supId":0,"prevId":0,"content":"Ok ","text":"Ok ","html":"Ok "}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":21,"commentSize":5,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1142806806"}