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
The National Association of Home Builders/Wells Fargo Housing Market index rose 2 points to 60 points in June, after remaining unchanged over the previous four months. “Rising home sales, an improving economy and the fact that the HMI gauge measuring future sales expectations is running at an eight month high are all positive factors indicating
The National Association of Home Builders/Wells Fargo Housing Market Index was unchanged at 58 points in May, indicating that more builders view conditions as good than poor. The index has remained unchanged for four consecutive months. Index components were mixed in May. The index measuring sales expectations in the next six months rose 3 points
The National Association of Home Builders/Wells Fargo Housing Market Index was unchanged at 58 points in April, indicating that more builders view conditions as good than poor. The index has remained unchanged for three consecutive months. “Builders remain cautiously optimistic about construction growth in 2016,” said NAHB Chief Economist Robert Dietz. “Solid job creation and
The National Association of Home Builders/Wells Fargo Housing Market Index held steady at 58 points in March, unchanged from February’s reading. “While builder sentiment has been relatively flat for the last few months, the March HMI reading correlates with NAHB’s forecast of a steady firming of the single-family sector in 2016,” said NAHB Chief Economist
The National Association of Home Builders/Wells Fargo Housing Market Index fell to 58 points in February, down three points from January’s revised reading. “Builders are reflecting consumers concerns about recent negative economic trends. However, the fundamentals are in place for continued growth of the housing market,” said NAHB Chief Economist David Crowe. “Historically low mortgage
The National Association of Home Builders/Wells Fargo Housing Market Index held steady at 60 points in January, unchanged from December’s downwardly revised reading. “After eight months hovering in the low 60’s, builder sentiment is reflecting that many markets continue to show a gradual improvement, which should bode well for future home sales in the year
The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) fell one point to 61 in December, marking the second consecutive monthly decline in the index after a 10-year high in October. All three index components posted losses for the month. Current sales conditions fell one point to 66, while the indices for buyer
The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) declined three points to 62 in November, after reaching a 10-year high in October. Two of the three index components posted losses in November. Sales expectations fell five points to 70 and current sales conditions declined three points to 67. Buyer traffic rose one