Demonstrating a New Measure & Index of U.S. Homebuilder Confidence

Andrew R. Sanderford, Andrew P. McCoy and Dong Zhao

Journal of Housing Research, 2018, vol. 27, issue 2, 107-128

Abstract: Our objective in this paper is to apply behavioral economic theory and evidence from market actor perception surveys to the housing industry to demonstrate a new measure of homebuilder confidence. From the literature, we identify the factors that likely influence this confidence. Then, using pilot survey data on new homebuilders, as well as renovation and replacement contractors, we generate a new metric. The results suggest that this measure is associated with measures of housing market activity in the short term. The initial data is limited. Future research should examine the durability of these relationships over time.

Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/10835547.2018.12092145 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:rjrhxx:v:27:y:2018:i:2:p:107-128

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rjrh20

DOI: 10.1080/10835547.2018.12092145

Access Statistics for this article

Journal of Housing Research is currently edited by Kimberly Goodwin

More articles in Journal of Housing Research from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().