Tag: HMI

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.

Continue Reading »

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.

Continue Reading »

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.”

Continue Reading »

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).

Continue Reading »

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

Continue Reading »

55+ Housing Market Ends 4th Quarter on Record High

Filed in 55+ Housing, Economics by on February 1, 2018 0 Comments
55+ Housing Market Ends 4th Quarter on Record High

Builder confidence in the single-family 55+ housing market remained strong in the fourth quarter of 2017 with a reading of 71, up 12 points from the previous quarter, according to the NAHB 55+ Housing Market Index released today. This is the highest reading since the inception of the index in 2008.

Continue Reading »

Builder Confidence Ends 2017 on a High Note

Filed in Economics, Home Building by on December 18, 2017 0 Comments
Builder Confidence Ends 2017 on a High Note

Builder confidence in the market for newly built single-family homes increased five points to 74 in December on the NAHB/Wells Fargo Housing Market Index after a downwardly revised November reading. This was the highest report since July 1999, over 18 years ago.

Continue Reading »

Builder Confidence Climbs to 8-Month High in November

Filed in Economics, Home Building by on November 16, 2017 0 Comments
Builder Confidence Climbs to 8-Month High in November

The two-point to a level of 70 in November on the NAHB/Wells Fargo Housing Market Index was the highest report since March, and the second highest on record since July 2005.

Continue Reading »

Builder Confidence Posts Solid Gain in October

Filed in Economics by on October 17, 2017 0 Comments
Builder Confidence Posts Solid Gain in October

Builder confidence in the market for new single-family homes rose four points to 68 in October on the NAHB/Wells Fargo Housing Market Index. This was the highest reading since May.

Continue Reading »

Builder Confidence Drops as Hurricanes Add Uncertainty

Filed in Economics by on September 18, 2017 0 Comments
Builder Confidence Drops as Hurricanes Add Uncertainty

Builder confidence in the market for newly-built single-family homes fell three points to 64 in September, down from August’s revised reading of 67 on the NAHB/Wells Fargo Housing Market Index.

Continue Reading »

Advertisement