The National Association of Home Builders/Wells Fargo Housing Market Index fell to 68 in April, a three point decrease from March’s reading of 71. “Even with this month’s modest drop, builder confidence is on very firm ground, and builders are reporting strong interest among potential home buyers,” said NAHB Chairman Granger MacDonald, a home builder
The National Association of Home Builders/Wells Fargo Housing Market Index rose to 71 in March, a six point increase from February’s reading of 65. “Builders are buoyed by President Trump’s actions on regulatory reform, particularly his recent executive order to rescind or revise the waters of the U.S. rule that impacts permitting,” said NAHB Chairman
The National Association of Home Builders/Wells Fargo Housing Market Index fell to 65 in February, a 2 point decrease from January’s reading of 67. “While builders remain optimistic, we are seeing the numbers settling back into a normal range,” said NAHB Chairman Granger MacDonald, a home builder and developer from Kerrville, Texas. “Regulatory burdens remain
The National Association of Home Builders/Wells Fargo Housing Market Index fell to 67 in January, a 2 point decrease from a downwardly revised December reading of 69. “Builders begin the year optimistic that a new Congress and administration will help create a better business climate for small businesses, particularly as it relates to streamlining and
The National Association of Home Builders/Wells Fargo Housing Market Index rose to 70 in December, a 7 point increase from November and the highest reading in over a decade. “Though this significant increase in builder confidence could be considered an outlier, the fact remains that the economic fundamentals continue to look good for housing,” said
The National Association of Home Builders/Wells Fargo Housing Market Index held firm at 63 in November, the same level as the previous month of October. NAHB Chairman Ed Brady, a home builder and developer from Bloomington, Illinois, notes, “With most of our members responding before the November elections, confidence levels remained unchanged as they awaited
The National Association of Home Builders/Wells Fargo Housing Market Index was 63 in October, down from a reading of 65 in September, but still well above the peak of 61 over the prior nine months.
The National Association of Home Builders/Wells Fargo Housing Market Index increased 6 points to 65 in September, up from a downwardly revised reading of 59 in August. September’s reading marked the highest HMI since October 2015. “With the inventory of new and existing homes remaining tight, builders are confident that if they can build more
The National Association of Home Builders/Wells Fargo Housing Market Index rose 2 points to 60 in August, after falling 2 points in July. Over the past seven months the index has held within a range of 58 and 60 points. “Builder confidence remains solid in the aftermath of weak GDP reports that were offset by
The National Association of Home Builders/Wells Fargo Housing Market Index fell 1 point to 59 in July, after rising 2 points in June. Over the past six months, the index has held within a range of 58 and 60 points. “The economic fundamentals are in place for a continued slow, steady growth in the housing