Tag: HMI

Builder Confidence Drops as Housing Affordability Issues Rise

Filed in Economics by on November 19, 2018 2 Comments
Builder Confidence Drops as Housing Affordability Issues Rise

Growing affordability concerns resulted in builder confidence in the market for newly-built single-family homes falling eight points to 60 in November on the NAHB/Wells Fargo Housing Market Index (HMI). Despite the sharp drop, builder sentiment still remains in positive territory.

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Builder Confidence Rises One Point in October, Remains at Summer Levels

Filed in Economics by on October 16, 2018 1 Comment
Builder Confidence Rises One Point in October, Remains at Summer Levels

Builder confidence in the market for newly-built single-family homes rose one point to 68 in October on the NAHB/Wells Fargo Housing Market Index (HMI). Builder confidence levels have held in the high 60s since June.

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Builder Confidence Remains Firm in September

Filed in Economics by on September 18, 2018 1 Comment
Builder Confidence Remains Firm in September

Builder confidence in the market for newly built single-family homes remained unchanged at a solid 67 reading in September on the NAHB/Wells Fargo Housing Market Index.

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Builder Confidence Remains Firm in August

Filed in Home Building by on August 15, 2018 2 Comments
Builder Confidence Remains Firm in August

Builder confidence in the market for newly built single-family homes edged down one point to a solid 67 reading in August on the NAHB/Wells Fargo Housing Market Index.

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Builder Confidence Stays at Healthy Level in July

Filed in Economics, Home Building by on July 17, 2018 0 Comments
Builder Confidence Stays at Healthy Level in July

Builder confidence in the market for newly built single-family homes remained unchanged at a solid 68 reading in July on the NAHB/Wells Fargo Housing Market Index.

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Builder Confidence Slips Two Points as Lumber Prices Soar

Filed in Economics by on June 18, 2018 4 Comments
Builder Confidence Slips Two Points as Lumber Prices Soar

Builder confidence in the market for newly built single-family homes fell two points to 68 in June on the NAHB/Wells Fargo Housing Market Index. The decline was due in large part to sharply elevated lumber prices, although sentiment remains on solid footing.

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Builder Confidence Climbs to 70 in May

Filed in Economics, Home Building by on May 15, 2018 0 Comments
Builder Confidence Climbs to 70 in May

Builder confidence in the market for newly built single-family homes rose two points to 70 in May after a downwardly revised April reading on the NAHB/Wells Fargo Housing Market Index (HMI). This is the fourth time the HMI has reached 70 or higher this year.

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Builder Confidence Slips a Point, Remains in Solid Territory

Filed in Economics, Home Building by on April 16, 2018 0 Comments
Builder Confidence Slips a Point, Remains in Solid Territory

Builder confidence in the market for newly built single-family homes edged down one point to 69 in April on the NAHB/Wells Fargo Housing Market Index but remains on firm ground. “Strong demand for housing is keeping builders optimistic about future market conditions,” said NAHB Chairman Randy Noel. “However, builders are facing supply-side constraints, such as a lack of buildable lots and increasing construction material costs. Tariffs placed on Canadian lumber and other imported products are pushing up prices and hurting housing affordability.”

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Builder Confidence Remains on Solid Footing in March

Filed in Economics by on March 15, 2018 5 Comments
Builder Confidence Remains on Solid Footing in March

Home builder sentiment edged down one point to a level of 70 in March from a downwardly revised February reading on the NAHB/Wells Fargo Housing Market Index (HMI).

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Builder Confidence Stays Strong in February

Filed in Economics, Home Building by on February 15, 2018 0 Comments
Builder Confidence Stays Strong in February

Builder confidence in the market for newly built single-family homes remained unchanged at a healthy 72 level in February on the NAHB/Wells Fargo Housing Market Index

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