Builder confidence in the market for newly built single-family homes was 32 in August, down one point from July, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Builder sentiment has now been in negative territory for 16 consecutive months and has hovered at a relatively low reading between 32 […]
Confidence in the market for new multifamily housing declined year-over-year in the first quarter, according to the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 44, down three points year-over-year, while the Multifamily Occupancy Index […]
According to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder sentiment fell sharply in February over concerns on tariffs, elevated mortgage rates, and high housing costs. Builder confidence in the market for newly built single-family homes was 42 in February, down five points from January and the lowest level […]
Builder confidence in the market for newly built single-family homes was 45 in May, down six points from April, according to the newly released National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The drop marks the first decline since November 2023. The National Association of Home Builders is attributing the drop to […]
Builder confidence in the market for newly built single-family homes climbed four points to 48 in February, according to the recently released National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This is the highest level since August 2023. Expectations that mortgage rates will continue to moderate in the coming months, the prospect […]
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