ABA Banking Journal
No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
SUBSCRIBE
ABA Banking Journal
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
No Result
View All Result
No Result
View All Result
ADVERTISEMENT
Home Economy

Home Builder Confidence Starts Year Strong

January 16, 2020
Reading Time: 1 min read

The National Association of Home Builders/Wells Fargo Housing Market Index declined to 75 in January, down only one point from December. The last two monthly readings mark the highest sentiment levels since July 1999.

NAHB Chairman Greg Ugalde noted that low interest rates and a healthy labor market combined with a need for additional inventory are setting the stage for further home building gains in 2020.

“With the Federal Reserve on pause and attractive mortgage rates, the steady rise in single-family construction that began last spring will continue into 2020,” said NAHB Chief Economist Robert Dietz. “However, builders continue to grapple with a shortage of lots and labor, while buyers are frustrated by a lack of inventory, particularly among starter homes.”

The HMI component measuring buyer traffic increased one point to 58, the highest level since December 2017. The component measuring current sales conditions fell three points to 81, and the component measuring sales expectations in the next six months held steady at 79.

Looking at the three-month moving averages for regional HMI scores, the Northeast rose one point to 62, the Midwest increased three points to 66, and the West moved one point higher to 84. The South remained unchanged at 76.

Read the NAHB release.

ADVERTISEMENT
Tags: Homebuilder confidence
ShareTweetPin

Author

Tyler Mondres

Tyler Mondres

Tyler Mondres is senior director of economic research at ABA and a frequent contributor on economic and fintech topics to the ABA Banking Journal.

Related Posts

Consumer Sentiment declined in April

Consumer sentiment falls in August

Economy
August 29, 2025

The University of Michigan Consumer Sentiment Index decreased 5.7% in August compared to the month prior, landing at 58.2, according to final results for the month.

Personal income increased in February

Personal income increased 0.4% in July

Economy
August 29, 2025

Personal income increased 0.4%, or $112.3 billion, in July, the Commerce Department said. The personal savings rate was 4.4%.

Mortgage rates fall

Mortgage rates tick down

Economy
August 28, 2025

The rate for a 30-year fixed-rate mortgage was 6.56% this week. The rate for a 15-year fixed-rate mortgage was 5.69%.

Existing homes sales fell 4.3% in March 

NAR: Pending home sales slid in July

Economy
August 28, 2025

Pending home sales fell 0.4% in July from the prior month, the National Association of Realtors said. Year over year, pending transactions were up 0.7%.

ABA Data Bank: U.S. economic growth slower than initially thought

GDP increased 3.3% in Q2: Second estimate

Economy
August 28, 2025

Real gross domestic product increased at an annual rate of 3.3% in the second quarter of 2025, according to the Commerce Department’s second estimate.

Fed’s Cook: Nonbanks pose financial stability concerns

Cook files lawsuit to overturn attempted removal from Fed board

Economy
August 28, 2025

Federal Reserve Governor Lisa Cook filed a lawsuit against President Trump for his attempt to remove her from the Fed board, saying the president’s actions are “unprecedented and illegal.”

NEWSBYTES

OCC reduces semiannual assessment rates

August 29, 2025

Fed releases individual capital requirements for large banks

August 29, 2025

FDIC removes disparate impact from exam manual

August 29, 2025

SPONSORED CONTENT

10 Essentials of a New Loan Origination System

10 Essentials of a New Loan Origination System

August 29, 2025
Planning Your 2026 Budget? Allocate Resources to Support Growth and Retention Goals

Planning Your 2026 Budget? Allocate Resources to Support Growth and Retention Goals

August 1, 2025
Navigating Disruption in Ag Lending – Why Tariffs Are Just the Tip of the Iceberg

Navigating Disruption in Ag Lending – Why Tariffs Are Just the Tip of the Iceberg

July 1, 2025
AI Compliance and Regulation: What Financial Institutions Need to Know

Unlocking Deposit Growth: How Financial Institutions Can Activate Data for Precision Cross-Sell

June 1, 2025

PODCASTS

Demographic trends shaping the U.S. banking outlook

July 30, 2025

Podcast: How institutional banking helps build one regional bank’s strategy

July 24, 2025

The future of careers in risk and compliance

July 17, 2025
ADVERTISEMENT

American Bankers Association
1333 New Hampshire Ave NW
Washington, DC 20036
1-800-BANKERS (800-226-5377)
www.aba.com
About ABA
Privacy Policy
Contact ABA

ABA Banking Journal
About ABA Banking Journal
Media Kit
Advertising
Subscribe

© 2025 American Bankers Association. All rights reserved.

No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive

© 2025 American Bankers Association. All rights reserved.