Tag Archive for ‘consumers’

House Search Takes Many Months, But Buyers Do Not Intend to Give Up

The Housing Trends Report (HTR) is a new research product created by NAHB’s Economics team to track prospective home buyers’ perceptions about the availability and affordability of homes for-sale in their markets.  Results are based on national polls conducted by Morning Consult.  This is the fourth (and last) of a series of posts highlighting results for the first quarter of… Read More ›

Only a Minority of Buyers Can Afford Majority of Homes For-Sale

The Housing Trends Report (HTR) is a new research product created by NAHB’s Economics team to track prospective home buyers’ perceptions about the availability and affordability of homes for-sale in their markets.  Results are based on national polls conducted by Morning Consult.  This is the third in a series of posts highlighting results for the first quarter of 2018.  See… Read More ›

Most Buyers Don’t See Improvement in Housing Availability

The Housing Trends Report (HTR) is a new research product created by NAHB’s Economics team to track prospective home buyers’ perceptions about the availability and affordability of homes for-sale in their markets.  Results are based on national polls conducted by Morning Consult.  This is the second in a series of posts highlighting results for the first quarter of 2018.  See… Read More ›

Consumer Confidence and Economic Cycles

Consumer sentiment and consumer confidence are two indexes showing consumers’ perceptions of current business, income and employment conditions, as well as their expectations for the near future’s economy.   Figure 1 shows both the University of Michigan Index of Consumer Sentiment and the Conference Board Consumer Confidence Index are highly inversely correlated with the unemployment rate. High unemployment drives down… Read More ›

Consumer Sentiment Revised Up, But Confidence Falls on Expectations of Lower Income

Indicators of consumer confidence were mixed in the first month of the new year. Thomson Reuters and the University of Michigan reported that its final estimate of consumer confidence, Consumer Sentiment, rose by 1.2% on a seasonally adjusted monthly basis in January to 73.8. The final reading was revised up 2.5 points from its January estimate that was released earlier… Read More ›