Tag: Housing Market Index

Builder Confidence Surges in June as Housing Rebound is Underway  

Filed in Economics by on June 16, 2020 302 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.

Continue Reading »

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.

Continue Reading »

Builder Confidence Posts Historic Decline on Coronavirus Pandemic

Filed in Economics by on April 15, 2020 18 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.

Continue Reading »

Builder Confidence Declines But Remains Solid Amid Rising Risks

Filed in Economics by on March 17, 2020 6 Comments
Builder Confidence Declines But Remains Solid Amid Rising Risks

Builder confidence in the market for newly-built single-family homes fell two points to 72 in March, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today. Sentiment levels have held in a firm range in the low- to mid-70s for the past six months.

Continue Reading »

Builder Confidence Remains Solid in February

Filed in Economics by on February 18, 2020 15 Comments
Builder Confidence Remains Solid in February

Builder confidence for newly-built single-family homes remained solid in February, according to the latest NAHB/Wells Fargo Housing Market Index. The last three monthly readings mark the highest sentiment levels since December 2017.

Continue Reading »

Builder Confidence Begins Year Strong as Single-Family Growth Continues

Filed in Economics by on January 16, 2020 9 Comments
Builder Confidence Begins Year Strong as Single-Family Growth Continues

Builder confidence in the market for newly built single-family homes edged one point lower to 75 in January, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. The last two monthly readings mark the highest sentiment levels since July 1999.

Continue Reading »

Builder Confidence Holds Firm in November

Filed in Economics by on November 18, 2019 0 Comments
Builder Confidence Holds Firm in November

Builder confidence in the market for newly built single-family homes edged one point lower to 70 in November, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today. The past two months mark the highest sentiment levels in 2019.

Continue Reading »

Builder Confidence Hits 20-Month High

Filed in Economics by on October 16, 2019 0 Comments
Builder Confidence Hits 20-Month High

Builder confidence in the market for newly-built single-family homes rose three points to 71 in October, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today. Sentiment levels are at their highest point since February 2018.

Continue Reading »

Builder Confidence Hits Yearly High in September

Filed in Economics by on September 17, 2019 0 Comments
Builder Confidence Hits Yearly High in September

Builder confidence in the market for newly-built single-family homes rose one point to 68 in September from an upwardly revised August reading of 67, according to the latest NAHB/Wells Fargo Housing Market Index released today.

Continue Reading »

Builder Confidence Trending Higher as Interest Rates Move Lower

Filed in Economics by on August 15, 2019 1 Comment
Builder Confidence Trending Higher as Interest Rates Move Lower

Builder confidence in the market for newly-built single-family homes rose one point to 66 in August, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today.

Continue Reading »