Tag Archives: NAHB index

Builder Confidence Surged in September

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 homes they can sell them,” ...

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Builder Confidence Improved in August

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 positive job growth in July,” ...

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Builder Confidence Unchanged in May

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 to 65, while the indices ...

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Builder Confidence Fell Slightly in December

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 traffic and sales expectations in ...

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Home Builder Confidence Dips in November

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 point to 48. The three-month ...

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Home Builder Confidence at Highest Level Since 2005

The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) reached a level of 64 in October, the highest reading since late 2005. Two of the three index components posted gains on the month. Current sales conditions improved 3 points to 70, while the index measuring buyer traffic was unchanged at 47. The index measuring sales expectations in the ...

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Home Builder Confidence Continued to Rise in September

The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) reached a level of 62 in September, the highest reading since October 2005. Two of the three index components posted gains on the month. Current sales conditions rose 1 point to 67, and the index measuring buyer traffic rose to 47, up 2 points from July. The index measuring ...

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Rise in Homebuilder Confidence Continues

The National Association of Home Builders/Wells Fargo Housing Market Index rose 1 point to a level of 61 in August, the highest reading since November 2005. Two of the three index components posted gains for the month. Current sales conditions rose 1 point to 66, while the buyer traffic index rose 2 points to 45.  The index for sales expectations ...

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Homebuilder Confidence at 9-Year High

The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) reached a level of 60 in July, the highest reading since November 2005. Two of the three index components posted gains for the month. Current sales conditions rose 1 point to 66, expectations for sales in the next six months rose 2 points to 71. Buyer traffic fell 1 ...

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