Tuesday, August 22, 2006

condo confidence crash

CONDO DEVELOPERS SEE RESISTANCE TO PRICES: NAHB

CONDO DEVELOPERS SEE WEAK BUYER TRAFFIC: NAHB

U.S. 2Q CONDO SUPPLY INDEX 32.0 VS. 61.3 YEAR-AGO

U.S. HOME BUILDERS' CONFIDENCE IN CONDO MARKET FALLS SHARPLY

WASHINGTON (MarketWatch) -- A majority of U.S. home builders believe the condominium market is weakening, according to a quarterly survey conducted by the National Association of Home Builders released Tuesday. The condo supply index fell to 32 in the second quarter from 61.3 a year ago. The reading indicates that pessimistic builders outnumber optimists roughly two-to-one. The traffic index fell to 26.8, while the prices index fell to 46.3. In response to a special question, 82% of developers said they noticed buyers' resistance to prices, with a fourth dropping prices. About three-fourths of developers said they are offering non-price incentives to buyers, including offering upgrades for free, or paying closing costs.


ich hätte gedacht das die daten noch schlechetr sind.

gruß
jan-martin

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home