Continuing challenges to affordability—namely higher construction and financing costs—once again kept builder confidence in the negative territory, according to the latest data from the National Association of Home Builders (NAHB). The latest NAHB/Wells Fargo Housing Market Index (HMI) saw builder confidence slip one point to 36 in February, following the two-point fall seen in January…
Builder confidence in the new single-family home market declined at the start of 2026, as persistent affordability concerns continue to dampen buyer enthusiasm despite some positive movement in mortgage rates. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) fell two points, to 37, in January, reflecting ongoing challenges in the lower…
Builder confidence remained in negative territory for the final month of 2025—as it did throughout the year due to continued economic and market challenges—though there’s some hope for a better year in 2026, according to the latest National Association of Home Builders’ (NAHB) data. The December NAHB/Wells Fargo Housing Market Index (HMI) found that builder…
The recent government shutdown—coupled with economic uncertainty due to tariffs and rising construction costs—has kept builder sentiment down this month, according to data from the National Association of Home Builders (NAHB). The latest NAHB/Wells Fargo Housing Market Index (HMI) found that builder sentiment rose only one point to 38 in November, remaining in the negative…
According to the National Association of Homebuilders (NAHB)/Wells Fargo Housing Market Index (HMI), which gauges builder perceptions of current and future single-family home sales, homebuilder sentiment levels increased in October, as future sales expectations surpassed the 50 point breakeven mark for the first time in almost 10 months. “The HMI gain in October is a…