Tag: Builder Confidence
Builder sentiment posts 3rd consecutive monthly gain
Builder confidence in the market for newly built single-family homes climbed four points to 48 in February, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This is the highest level since August 2023.
Builder confidence shows uptick
A modest drop in interest rates helped to end a string of 12 straight monthly declines in builder confidence levels.
Interest rates temper builder confidence
Builder confidence in the market for newly built single-family homes posted its 11th straight monthly decline in November.
Builder confidence plunges as affordability woes mount
This marks the lowest Housing Market Index reading since May 2020 and the second largest single-month drop in the history of the HMI.
NAHB: Weakening builder confidence points to economic troubles aheadÂ
In a troubling sign for the housing market, builder confidence in the market for newly built single-family homes posted its sixth straight monthly decline in June.
Builder confidence plunges on interest rate hikes, growing affordability woes
This is the fifth straight month that builder sentiment has declined and the lowest reading since June 2020.
Builder confidence continues to fall
Rapidly rising interest rates combined with ongoing home price increases and higher construction costs continue to take a toll on builder confidence.
Multifamily builder confidence ends 2021 on a high note
Confidence in the market for new multifamily housing improved in the fourth quarter of 2021.
Builder confidence dips due to inflation concerns
Growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in builder sentiment even as consumer demand remains robust.
Builder confidence rides strong demand as supply side challenges persist
Low existing inventories and strong buyer demand helped push builder confidence higher for the third consecutive month.