Builder sentiment remains muted from economic and geopolitical uncertainty, elevated mortgage rates and rising construction costs, with the latest data and analysis from homebuilders painting an overall still-muddled picture of near-term housing demand and affordability. Builder confidence in the market for newly built single-family homes inched up one point to 35 in August, according to…
Builder sentiment remains subdued as rising material costs, elevated mortgage rates and ongoing affordability challenges continue to strain the housing market. Builder confidence in the market for newly built single-family homes fell two points to 35 in June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released June 15.…
As some sales activity picked up toward the end of the spring season, with housing starts seeing an unexpected boost, the latest data from the National Association of Home Builders (NAHB) observed a slight pickup in homebuilder confidence. However, as market and economic challenges persist, builders still remain overwhelmingly cautious about their businesses. The May…
The impact of ongoing geopolitical tensions with Iran and its effect on oil and energy prices continues to weigh on the housing market, as homebuilder sentiment took a dip further into negative territory this month, according to the latest data from the National Association of Home Builders (NAHB). The NAHB/Wells Fargo Housing Market Index saw…
While confidence among homebuilders remains overall negative, there was a slight uptick in positivity in March as some market conditions observed slight improvement, according to the latest data from the National Association of Home Builders (NAHB). However, the future ahead remains unclear. The NAHB/Wells Fargo Housing Market Index (HMI) for March saw builder confidence rise…
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…