Posts Tagged ‘ Wells Fargo Housing Market Index ’

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 […]

Therma-Tru Holds Strong Outlook as Rates Act to Stabilize Builders

Feb 1st, 2019

Officials for Fortune Brands Home and Security (parent company to Therma-Tru Doors) released fourth-quarter results yesterday, including the company’s 2019 annual outlook. Fourth-quarter sales increased 3 percent year-over-year, with full-year sales ending 4 percent higher than 2017. Expectations for 2019 go against the flow of news in recent months regarding slower construction markets, but parallel […]

Builder Confidence Slips One Notch in January

Jan 17th, 2014

Builder confidence in the market for newly built, single-family homes fell one point to 56 in January from a revised December reading of 57 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). “Rising home prices, historically low mortgage rates and significant pent-up demand will drive a continuing, gradual recovery in […]

Builder Confidence Rises Four Points in December

Dec 17th, 2013

Builder confidence in the market for newly built, single-family homes improved four points to a 58 reading on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for December. This gain reflected improvement in all three index components—current sales conditions, sales expectations and traffic of prospective buyers. “The recent spike in mortgage […]

X
This site uses cookies which allow us to give you the best browsing experience possible. Cookies are files stored in your browser and are used by most websites to help personalize your web experience. By continuing to use our website, you are agreeing to our use of cookies. To find out more, please see our Privacy Policy.