Tag: Housing Market Index

Lower Interest Rates, Rising Consumer Confidence Boost Builder Sentiment

Filed in Economics by on February 19, 2019 0 Comments
Lower Interest Rates, Rising Consumer Confidence Boost Builder Sentiment

Builder confidence in the market for newly-built single-family homes rose four points to 62 in February, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today in Las Vegas during the 75th annual International Builders’ Show.

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Lower Interest Rates Stabilize Builder Confidence

Filed in Economics by on January 16, 2019 2 Comments
Lower Interest Rates Stabilize Builder Confidence

Buoyed by falling mortgage rates, builder confidence in the market for newly-built single-family homes rose two points to 58 in January on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

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Builder Confidence Drops Four Points Amid Concerns Over Housing Affordability

Filed in Economics by on December 17, 2018 0 Comments
Builder Confidence Drops Four Points Amid Concerns Over Housing Affordability

Although this is the lowest HMI reading since May 2015, builder sentiment remains in positive territory.

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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 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 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 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.

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Builder Confidence Holds Firm in April

Filed in Economics by on April 17, 2017 0 Comments
Builder Confidence Holds Firm in April

Optimism among builders of single-family homes remained solid in April, falling three points to a level of 68 on the NAHB/Wells Fargo Housing Market Index (HMI) after an unusually high March reading.

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