Last quote by Robert Dietz
While builders are clearly confident, we expect some moderation in the index moving forward. Builders continue to face a number of challenges, including rising material prices, higher mortgage rates, and shortages of lots and labor.
Mar 15 2017
Robert Dietz has been quoted 11 times. The one recent article where Robert Dietz has been quoted is Home builder confidence soared to highest level in 12 years as Trump rolls back regulations. Most recently, Robert Dietz was quoted as having said, “While builders are clearly confident, we expect some moderation in the index moving forward. Builders continue to face a number of challenges, including rising material prices, higher mortgage rates, and shortages of lots and labor.”.
Quotes by Robert Dietz
Feb 15 2017
With much of the decline this month resulting from a decrease in buyer traffic, builders continue to struggle to minimize costs while dealing with supply side challenges such as a lack of developed lots and labor shortages. Despite these constraints, the overall housing market fundamentals remain strong, and we expect to see continued growth this year as some of these concerns are addressed.
Jan 18 2017
NAHB expects solid 10 percent growth in single-family construction in 2017, adding to the gains of 2016. Concerns going into the year include rising mortgage interest rates as well as a lack of lots and access to labor.
Dec 15 2016
Though this significant increase in builder confidence could be considered an outlier, the fact remains that the economic fundamentals continue to look good for housing. At the same time, builders remain sensitive to rising mortgage rates and continue to deal with shortages of lots and labor.
Sep 19 2016
Though solid job creation and low interest rates are also fueling demand, builders continue to be hampered by supply-side constraints that include shortages of labor and lots.
Aug 23 2016
This pattern was exacerbated during the current business cycle due to market weakness among first-time homebuyers. But the recent small declines in size indicate that this part of the cycle has ended and size should trend lower as builders add more entry-level homes into inventory.
Aug 15 2016
Builder confidence remains solid in the aftermath of weak GDP reports that were offset by positive job growth in July. Historically low mortgage rates, increased household formations, and a firming labor market will help keep housing on an upward path during the rest of the year.
Jun 16 2016
Rising home sales, an improving economy and the fact that the HMI gauge measuring future sales expectations is running at an eight-month high are all positive factors indicating that the housing market should continue to move forward in the second half of 2016.
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