According to analysts from Wells Fargo, solid economic growth supports housing demand but rising input costs remain a top concern. The NAHB/Wells Fargo Housing Market Index remained unchanged in July at 68. Key Quotes: “Builder confidence remained solid in July, with the HMI unchanged at 68. Single-family demand remains at a high level, with the present sales index also remaining unchanged at 74. Today’s reading is consistent with likely solid gains in singlefamily starts later this summer.” “Builder outlook was mixed, as the future sales index dropped 2 points, while the prospective buyer traffic index rose 2 points.” “Although demand remains solid, builders continue to cite rising material costs amid recently-imposed tariffs as a key challenge in meeting rising demand. The June PPI report showed construction materials and components running at a 10.4 percent 3-month annualized rate, the second-fastest pace since September 2008.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Big slippage in GBP/USD on turnaround victory for the government on trade bill amendment FX Street 5 years According to analysts from Wells Fargo, solid economic growth supports housing demand but rising input costs remain a top concern. The NAHB/Wells Fargo Housing Market Index remained unchanged in July at 68. Key Quotes: "Builder confidence remained solid in July, with the HMI unchanged at 68. Single-family demand remains at a high level, with the present sales index also remaining unchanged at 74. Today's reading is consistent with likely solid gains in singlefamily starts later this summer." "Builder outlook was mixed, as the future sales index dropped 2 points, while the prospective buyer traffic index rose 2 points."… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
