Tag: HMI

Builder Confidence Soars to an All-Time High, Lumber Risks Remain

Filed in Economics by on September 16, 2020 16 Comments
Builder Confidence Soars to an All-Time High, Lumber Risks Remain

In a strong signal that housing is leading the economic recovery, builder confidence in the market for newly-built single-family homes increased five points to hit an all-time high of 83 in September, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today. The previous highest reading of 78 in the 35-year history of the series was set last month and also matched in December 1998.

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Builder Confidence Matches All-Time High on Record Traffic

Filed in Disaster Response, Economics by on August 17, 2020 262 Comments
Builder Confidence Matches All-Time High on Record Traffic

In a sign that housing continues to lead the economy forward, builder confidence in the market for newly-built single-family homes increased six points to 78 in August, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today.

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Builder Confidence in the 55+ Housing Market Bounces Back in Second Quarter

Filed in 55+ Housing, Economics by on July 30, 2020 3 Comments
Builder Confidence in the 55+ Housing Market Bounces Back in Second Quarter

Builder confidence in the single-family 55+ housing market bounced back in the second quarter, jumping 27 points to 65, according to the NAHB 55+ Housing Market Index (HMI) released today.

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A Housing Upturn as Concerns Grow for Lumber, Material Costs

Filed in Disaster Response, Economics by on July 24, 2020 4 Comments
A Housing Upturn as Concerns Grow for Lumber, Material Costs

The remarkably strong data for home construction has continued in recent weeks. However, for builders, access issues and delivery delays for building materials are increasingly yielding higher prices.

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Builder Confidence Rallies to Pre-Pandemic Level in July

Filed in Disaster Response, Economics by on July 16, 2020 250 Comments
Builder Confidence Rallies to Pre-Pandemic Level in July

In a strong signal that the housing market is ready to lead a post-COVID economic recovery, builder confidence in the market for newly-built single-family homes jumped 14 points to 72 in July, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today. The HMI now stands at the solid pre-pandemic reading in March before the outbreak affected much of the nation.

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Builder Confidence Surges in June as Housing Rebound is Underway  

Filed in Economics by on June 16, 2020 310 Comments
Builder Confidence Surges in June as Housing Rebound is Underway   

In a sign that housing stands poised to lead a post-pandemic economic recovery, builder confidence in the market for newly-built single-family homes jumped 21 points to 58 in June, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. Any reading above 50 indicates a positive market.

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Housing Data Hint at Potential for Economic Recovery

Filed in Economics, Multifamily by on May 22, 2020 0 Comments
Housing Data Hint at Potential for Economic Recovery

NAHB Chief Economist Robert Dietz looks at the economic data that came out during the week of May 18 and examines how that is effecting the housing market. Despite the weak numbers, Dietz states that the notable resiliency of housing demand amid historic job losses is an indicator of the potential of the housing sector to help the lead the economy in an eventual rebound.

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Builder Confidence Posts Solid Gain Following Last Month’s Historic Drop

Filed in Economics by on May 18, 2020 22 Comments
Builder Confidence Posts Solid Gain Following Last Month’s Historic Drop

In a signal that the housing market is showing signs of stabilizing and gradually moving forward in the wake of the COVID-19 pandemic, builder confidence in the market for newly-built single-family homes increased seven points to 37 in May, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today. The rise in builder sentiment follows the largest single monthly decline in the history of the index in April.

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Economic Outlook: Job Losses Continue, Builder Confidence Posts Historic Drop

Filed in Economics by on April 17, 2020 4 Comments
Economic Outlook: Job Losses Continue, Builder Confidence Posts Historic Drop

NAHB Chief Economist Robert Dietz provides the latest analysis on how the COVID-19 pandemic is affecting the housing sector and overall economy. The next two months of economic data will show signs of a significant economic decline. For that reason, markets and businesses need to adopt a two-quarter perspective with respect to an expected start of a rebound.

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Builder Confidence Posts Historic Decline on Coronavirus Pandemic

Filed in Economics by on April 15, 2020 19 Comments
Builder Confidence Posts Historic Decline on Coronavirus Pandemic

Reflecting the growing effects of the COVID-19 pandemic, builder confidence in the market for newly-built single-family homes plunged 42 points in April to 30, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today. The decline in April was the largest single monthly change in the history of the index and marks the lowest builder confidence reading since June 2012.

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