Posts Tagged ‘ newly-built single-family homes ’

NAHB: Builder Confidence Falls for Nine Months Straight

Sep 20th, 2022

According to the National Association of Homebuilders (NAHB)/Wells Fargo Housing Market Index (HMI) released this week, builder confidence in the market for newly built single-family homes fell three points in September to 46—marking nine consecutive months of decline. Aside from the spring of 2020, when the COVID-19 pandemic stalled nearly everything in the U.S., the […]

NAHB: Builder Confidence Underwater After Falling for Eighth Consecutive Month

Aug 16th, 2022

The National Association of Homebuilders (NAHB) reports that builder confidence fell for the eighth straight month in August as elevated interest rates, ongoing supply chain problems and high home prices continue to exacerbate housing affordability challenges. In another sign that a declining housing market has failed to bottom out, builder confidence in the market for […]

Weakening Builder Confidence Points to Economic Troubles Ahead

Jun 21st, 2022

According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), rising inflation and higher mortgage rates are slowing traffic of prospective homebuyers and putting a damper on builder sentiment. The association says it’s a troubling sign for the housing market, as builder confidence in the market for newly built single-family homes […]

Weakening Builder Confidence Points to Economic Troubles Ahead

Jun 17th, 2022

According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), rising inflation and higher mortgage rates are slowing traffic of prospective homebuyers and putting a damper on builder sentiment. The association says it’s a troubling sign for the housing market, as builder confidence in the market for newly built single-family homes […]

Builder Confidence Slides in February

Feb 22nd, 2022

The National Association of Homebuilders announced last week that despite strong buyer demand, builder sentiment continued to slip in February as the industry grapples with ongoing building material production bottlenecks that are raising construction costs and delaying projects. Builder confidence in the market for newly built single-family homes moved one point lower, to 82 in […]

NAHB: Rising Material Challenges Drives Declining Builder Sentiment

Jun 17th, 2021

The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released this week shows that builder confidence in the market for newly built single-family homes fell two points to 81 in June, its lowest level since August 2020. Even with the rising material prices and supply chain shortages that caused the monthly […]

Sales Growth Lifts Builder Confidence to New Record High

Nov 18th, 2020

The latest National Association of Homebuilders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released yesterday, shows confidence in the market for newly-built single-family homes has increased another five points in November, shattering the previous all-time high of 85 recorded in October, and now sitting at 90. Builder confidence levels have hit successive all-time highs over […]

Builder Confidence At All-Time High, Lumber Remains Risky

Sep 17th, 2020

The latest NAHB/Wells Fargo Housing Market Index (HMI) shows that housing is leading the economic recovery and that builder confidence in the market for newly-built single-family homes increased five points, now sitting at an all-time high of 83. In the 35-year history of the series, the previous highest reading was set last month, coming in […]

Builder Confidence Matches All-Time High on Record Traffic

Aug 18th, 2020

The latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released yesterday, shows that builder confidence in the market for newly-built single-family homes increased six points to 78 in August. The HMI now stands at its highest reading in the 35-year history of the series, matching the record that was set in December […]

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