September builder confidence holds steady at 67

Builder confidence remained steady at 67 in September on the NAHB's Housing Market Index. Current sales conditions rose one point to 74, six-month expectations increased two points to 74, and buyer traffic remained unchanged at 49.

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August builder confidence drops one point to 67, buyer traffic index falls below 50

Builder confidence in the market for newly-built single-family homes edged down one point to a solid 67 reading in August on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI index measuring current sales conditions inched one point lower to 73 while the component gauging expectations in the next six months all fell a single point to 72. Meanwhile, the metric charting buyer traffic dropped two points to 49.

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Builder confidence unchanged at 68 in July survey

Builder confidence in the market for newly-built single-family homes remained unchanged at a solid 68 reading in July on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI index measuring current sales conditions remained unchanged at 74. Meanwhile, the component gauging expectations in the next six months dropped two points to 73 and the metric charting buyer traffic rose two points to 52.

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Builder confidence unchanged at 68 in July survey

Builder confidence in the market for newly-built single-family homes remained unchanged at a solid 68 reading in July on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

The HMI index measuring current sales conditions remained unchanged at 74. Meanwhile, the component gauging expectations in the next six months dropped two points to 73 and the metric charting buyer traffic rose two points to 52.

Looking at the three-month moving averages for regional HMI scores, the Northeast rose one point to 57 while the Midwest remained unchanged at 65. The West and South each fell one point to 75 and 70, respectively.

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June builder confidence dips 2 points to 68 due to higher lumber prices

Builder confidence in the market for newly-built single-family homes fell two points to 68 in June, and was due in large part to sharply elevated lumber prices, adding nearly $9,000 to the price of a new single-family home since January 2017.The index measuring current sales conditions fell to 75, the component gauging expectations in the next six months dropped to 76, and the metric charting buyer traffic edged down to 50.

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May builder confidence rebounds two points to 70

Builder confidence in the market for newly-built single-family homes rose two points to a level of 70 in May. This is the fourth time the HMI has reached 70 or higher this year.  The HMI chart gauging current sales conditions increased two points to 76 in May while the indexes measuring buyer traffic and expectations in the next six months remained unchanged at 51 and 77, respectively.

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May builder confidence rebounds two points to 70

Builder confidence in the market for newly-built single-family homes rose two points to a level of 70 in May. This is the fourth time the HMI has reached 70 or higher this year.  The HMI chart gauging current sales conditions increased two points to 76 in May while the indexes measuring buyer traffic and expectations in the next six months remained unchanged at 51 and 77, respectively.

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Builder confidence dips one point to 69 in April, still remains on firm ground

Builder confidence in the market for newly-built single-family homes edged down one point to a level of 69 in April.  The HMI index gauging buyer traffic held steady at 51, the chart measuring sales expectations in the next six months fell a single point to 77, and the component gauging current sales conditions dropped two points to 75.

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March builder confidence edges down one point to 70

Builder confidence in the market for newly-built single-family homes edged down one point to a level of 70 in March. The HMI component gauging current sales conditions held steady at 77, the chart measuring sales expectations in the next six months dropped two points to 78, and the index gauging buyer traffic fell three points to 51.

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Builder confidence remains at 72 in February

Builder confidence in the market for newly-built single-family homes remained unchanged at a healthy 72 level in February. The HMI component charting sales expectations in the next six months rose two points to 80, the index measuring buyer traffic held steady at 54, and the component gauging current sales conditions dropped one point to 78.

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January builder confidence dips two points to 72 after previous month's 18-year high

Builder confidence in the market for newly-built single-family homes dropped two points to a level of 72 in January on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) after reaching an 18-year high in December 2017.

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Builder confidence index rises 5 points to 75 in December, highest since July 1999

Builder confidence in the market for newly-built single-family homes increased five points to a level of 74 in December on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) after a downwardly revised November reading. This was the highest report since July 1999, over 18 years ago.

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November builder confidence rose two points to 70, second-highest level since mid-2005

Builder confidence in the market for newly-built single-family homes rose two points to a level of 70 in November on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This was the highest report since March, and the second highest on record since July 2005.

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Builder confidence rises to 68 in October, highest level since May

Builder confidence in the market for newly-built single-family homes rose four points to a level of 68 in October on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This was the highest reading since May.

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Builder confidence drops three points in August to 64, largely due to twin hurricane impact

Builder confidence in the market for newly-built single-family homes fell three points to a level of 64 in September from a downwardly revised August reading of 67 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), due mostly to concerns about the availability of labor and the cost of building materials.

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Builder confidence rebounds four points in August to 68

Builder confidence in the market for newly built single-family homes rose four points in August to 68 on the NAHB/Wells Fargo Housing Market Index (HMI).

All three HMI components posted gains in August. The component gauging current sales conditions rose four points to 74 while the index charting sales expectations in the next six months jumped five points to 78. Meanwhile, the component measuring buyer traffic increased a single point to 49.

Looking at the three-month moving averages for regional HMI scores, the Northeast rose one point to 48. The West, South and Midwest all remained unchanged at 75, 67 and 66, respectively.

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Builder confidence dips two points to 64 as lumber prices take a toll

Builder confidence in the market for newly-built single-family homes slipped two points in July to a level of 64 from a downwardly revised June reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). It is the lowest reading since November 2016. 

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NAHB's Housing Market Index dips two points in June

Builder confidence in the market for newly-built single-family homes weakened slightly in June, down two points to a level of 67 from a downwardly revised May reading of 69 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). All three HMI components posted losses in June but remain at healthy levels.

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NAHB Housing Market Index rises to 70 in May, second-highest rating since the recession

In a further sign that the housing market continues to strengthen, builder confidence in the market for newly-built single-family homes rose two points in May to a level of 70 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This is the second highest HMI reading since the downturn.

Two of the three HMI components registered gains in May. The index charting sales expectations in the next six months jumped four points to 79 while the index gauging current sales conditions increased two points to 76. Meanwhile, the component measuring buyer traffic edged one point down to 51.

Builder confidence rises two points in August to 60

Builder confidence in the market for newly constructed single-family homesin August rose two points to 60 from a downwardly revised reading of 58 in July. The component gauging current sales conditions rose two points to 65, while the index charting sales expectations in the next six months increased one point to 67.

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