Sensex: 85,720.38 (-0.02%)

Nifty: 26,202.95 (-0.05%)

anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

Commodity News Details
Economic Buzz: US homebuilder confidence improves in October
17-Oct-2025 08:33
A report released by the National Association of Home Builders on Thursday showed homebuilder confidence in the U.S. has improved by much more than anticipated in the month of October.

The report said the NAHB/Wells Fargo Housing Market Index jumped to 37 in October after holding steady at 32 in September.

With the much bigger than expected increase, the housing market index reached its highest level since hitting 40 in April.

The surge by the headline index partly reflected a sharp increase by the index gauging future sales, which shot up to 54 in October from 45 in September.

The component measuring current sales conditions also climbed to 38 in October from 34 in September, while the gauge charting traffic of prospective buyers rose to 25 in October from 21 in September, the NAHB said.

The NAHB said the latest HMI survey also revealed 38 percent of builders reported cutting prices in October, with the share alternating between 37 percent and 39 percent since June.

The average price reduction rose to 6 percent in October after averaging 5 percent for several months previously. The last time builders reduced prices by 6 percent was a year ago, the NAHB said.

Powered by Commodity Insights

Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.