Tag: Housing Market Index

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 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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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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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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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.

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Builder Confidence Remains Solid in February

Filed in Economics by on February 18, 2020 16 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.

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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.

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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.

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