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…
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…
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…