Homebuilder and Constructing Stocks Trading Up in Market : Builder Confidence Grows Reports NAHB

New York, NY - August 16, 2012 (Investorideas.com newswire, www.homebuilderstocks.com) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research including homebuilder stocks issues a news and trading alert for the sector. Stocks are trading up today following yesterday's report from the NAHB. Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner The SPDR S&P Homebuilders Index

is at $22.73, up 0.36(1.60%) as of 11:43AM EDT. Beazer Homes USA Inc.

is up a notable 5.54% , trading at $2.86, moving 0.15 on over 3.7 Million shares as of 11:54AM EDT. KB Home

is up, trading at $10.69, gaining 0.37 or (3.59%) as of 11:46AM EDT. The stock has a 52-week range of $5.02 - 13.12. Toll Brothers Inc.

is up 2.3%, trading up at $31.16, gaining 0.70 as of 11:52AM EDT on over 700,000 shares. PulteGroup, Inc.

is in the green trading at $13.37, up 0.59(4.62%) 11:48AM EDT. Investorideas.com Newswire NAHB Reports: Builder Confidence Continues To Improve in August - Builder confidence in the market for newly built, single-family homes improved for a fourth consecutive month in August with a two-point gain to 37 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. This gain builds on a six-point increase in July and brings the index to its highest level since February of 2007. "From the builder's perspective, current sales conditions, sales prospects for the next six months and traffic of prospective buyers are all better than they have been in more than five years," said Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. "While there is still much room for improvement, we have come a long way from the depths of the recession and the outlook appears to be brightening." "This fourth consecutive increase in builder confidence provides further evidence of the gradual strengthening that's occurring in many housing markets and providing a needed boost to local economies," said NAHB Chief Economist David Crowe. "However, we are still at a very fragile stage of this process and builders continue to express frustration regarding the inventory of distressed properties, inaccurate appraisal values, and the difficulty of accessing credit for both building and buying homes." Derived from a monthly survey that NAHB has been conducting for the past 25 years, the NAHB/Wells Fargo Housing Market Index gauges builder perceptions of current single-family home sales and sales expectations for the next six months as "good," "fair" or "poor." The survey also asks builders to rate traffic of prospective buyers as "high to very high," "average" or "low to very low." Scores from each component are then used to calculate a seasonally adjusted index where any number over 50 indicates that more builders view sales conditions as good than poor. Every HMI component posted gains in August. The components gauging current sales conditions and traffic of prospective buyers each rose three points, to 39 and 31, respectively, while the component gauging sales expectations in the next six months inched up one point to 44. All were at their highest levels in more than five years. Regionally, builder confidence rose nine points to 42 in the Midwest and two points to 35 in the South, but declined nine points to 25 in the Northeast and three points to 40 in the West in August. For the August HMI release, NAHB is introducing an alternative trend comparison of regional HMIs by also showing a three-month moving average of each region's index. The current three-month moving averages show a two-point decline to 29 in the Northeast, a five-point gain to 35 in the Midwest, a three-point gain to 32 in the South and a three-point gain to 38 in the West. http://www.nahb.org/news_details.aspx?newsID=15478 About InvestorIdeas.com: InvestorIdeas.com is a leader in investor stock research by sector, featuring stock news, commentary and trading alerts in leading sectors including homebuilder stocks, beverage stocks, water stocks, biotech stocks and more. Research homebuilder stocks at the Investorideas.com stock directory: http://www.investorideas.com/Companies/HomebuilderStocks/HomebuilderStockList.asp Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas Follow Investorideas.com News on Linkedin.com/today at http://www.linkedin.com/today/investorideas.com Sign up for the free investor news and stock alerts at Investorideas.com http://www.investorideas.com/Resources/Newsletter.asp Become an Investorideas.com Member and access 13 online stock directories http://www.investorideas.com/membership/ Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894 800-665-0411 - Source - www.Investorideas.com