The NAHB/Wells Fargo Housing Market Index (HMI) rose seven points to 44, its second monthly increase in a row.
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Category: NAHB/Wells Fargo Housing Market Index
NAHB: Builder confidence hits 13-month high
Low inventory and high demand are buoying builder sentiment in the face of several headwinds.
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Builder confidence rebounds in May on tight existing inventory
Homebuilder optimism was buoyed by continued shortages of new housing inventory, the National Association of Home Builders reported.
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NAHB: Builder confidence rose again in April
The National Association of Home Builders/Wells Fargo Housing Market Index rose for the fourth month in a row in April as the construction industry remained “cautiously optimistic.”
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Builder confidence rises again in March
Homebuilders expressed “cautious optimism” that the lack of existing inventory would drive demand for new homes despite high construction costs and interest rates, the National Association of Home Builders reported.
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Builder confidence jumps in February
Builder confidence rose for the second consecutive month in February with a seven-point increase that brought it to its highest level since last September, the National Association of Home Builders said.
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Single-family starts, builder confidence rise
The increase in builder confidence breaks a string of 12 straight monthly declines in the NAHB/Wells Fargo Housing Market Index.
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Builder confidence falls for ninth consecutive month
A continuing combination of increased interest rates, supply-chain disruptions and high home prices has sapped homebuilder sentiment every month this year.
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NAHB: U.S. in a “housing recession,” single-family starts will decline in 2022
The NAHB/Wells Fargo Housing Market Index fell for the eighth straight month in August, as the key measure of builder confidence indicated a pessimistic outlook.
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NAHB: Builder confidence falls for seventh consecutive month in July
July saw the NAHB/Wells Fargo Housing Market Index post its second-largest monthly drop ever, as worries about housing affordability dampened builder sentiment.
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