Thursday, February 28, 2013

U.S. Housing Developer Started Pessimistic

Pengembang Perumahan AS Mulai Pesimis

Monexnews-an index which measures confidence among U.S. housing developers showed decreased in February. Attenuation of first since April last year the big sebagina triggered by the continued economic uncertainty and tight credit are increasingly awarding regulations, according to a report released Tuesday. tight lending standards, data showed on Tuesday.

The housing market index, which was reported to the National Association of Home Builders/Wells Fargo slipped to as low as 46 in February from 52 in January. The figures are weaker than expectations of a rise to 48 from analysts.

Housing developers ' confidence index barely moved in the past few months after substantial increases recorded in the year 2012. NAHB also explain if this month's decline was affected by the rising cost of materials and labor market constraints. (vid)

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Title Post: U.S. Housing Developer Started Pessimistic
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Author: Mohammad Zulfi Satriawan

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