The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), released earlier this week, points to falling builder confidence in the market for newly built single-family homes, a sign that the organization says indicates the housing market is now slowing. Builder confidence fell eight points in May, to 69, as growing affordability challenges—rapidly […]

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 […]

Builder confidence in the market for newly-built single-family homes plunged 42 points in April, the largest single monthly change in the history of the index and marks the lowest builder confidence reading since June 2012, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. The drop, which puts […]

The construction market for November shows a mixed basket of results in confidence and spending. According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today, builder confidence in the market for newly built single-family homes edged one point lower in November from October, to 70. While residential construction spending […]

The September reading of builder confidence in the market for newly-built single-family homes rose again one point to 68 from the upwardly revised August reading of 67, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Sentiment levels have been consistent mid- to upper- 60s since May and September’s […]