Tag: HMI

Builder Confidence Surges in June as Housing Rebound is Underway  

Filed in Economics by on June 16, 2020 297 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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Housing Data Hint at Potential for Economic Recovery

Housing Data Hint at Potential for Economic Recovery

NAHB Chief Economist Robert Dietz looks at the economic data that came out during the week of May 18 and examines how that is effecting the housing market. Despite the weak numbers, Dietz states that the notable resiliency of housing demand amid historic job losses is an indicator of the potential of the housing sector to help the lead the economy in an eventual rebound.

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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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Economic Outlook: Job Losses Continue, Builder Confidence Posts Historic Drop

Filed in Economics by on April 17, 2020 4 Comments
Economic Outlook: Job Losses Continue, Builder Confidence Posts Historic Drop

NAHB Chief Economist Robert Dietz provides the latest analysis on how the COVID-19 pandemic is affecting the housing sector and overall economy. The next two months of economic data will show signs of a significant economic decline. For that reason, markets and businesses need to adopt a two-quarter perspective with respect to an expected start of a rebound.

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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.

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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 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.

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Builder Confidence in the 55+ Housing Market Drops Slightly

Filed in 55+ Housing, Economics by on January 30, 2020 0 Comments
Builder Confidence in the 55+ Housing Market Drops Slightly

Builder confidence in the single-family 55+ housing market dropped four points to 68 in the fourth quarter, according to the NAHB 55+ Housing Market Index released today.

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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 Climbs to a 20-Year High

Filed in Economics by on December 16, 2019 3 Comments
Builder Confidence Climbs to a 20-Year High

Builder confidence in the market for newly-built single-family homes increased five points to 76 in December off an upwardly revised November reading, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today. This is the highest reading since June 1999.

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