Latest Breaking News On - Matthewj krajna - Page 1 : comparemela.com

Written by: Matthew J. Krajna, CFA The state of the housing market nationwide can be best described as nothing short of robust.  Demand remains intense, and supply remains, well, in short supply.  According to the National Association of Homebuilders (NAHB), homebuilder sentiment hit 83 in May, remaining elevated at above-average levels.  Each of the past nine months has shown readings above 80, after hitting a record high of 90 back in November. Traffic also remains robust, with the Traffic sub-index hitting 73, also remaining elevated, with eight of the past nine months posting readings above 70.  Readings above 50 signal builders view conditions as favorable. Average monthly inventory stands at 2.4 months’ worth of supply according to the National Association of Realtors, not far off of the record low of 1.9 months hit in December, down from 4.2 months in March 2020.  These dynamics have led to higher prices, with existing home sales rising +19.1% year over year in April,

Freddie macMatthewj krajnaNational association of homebuildersNational association of realtorsNational associationNottingham advisorsHomebuilder indexHomebuilders select industryXchange traded fundsStock marketTf strategist channelஃப்ரெடி மேக்தேசிய சங்கம் ஆஃப் ஹோம் பில்டர்கள்தேசிய சங்கம் ஆஃப் றேஆல்டோர்ச்தேசிய சங்கம்