Homebuilder sentiment in newly built single-family homes dropped in November as prospective buyers shied away from making a purchase due to high costs, according to the National Association of Home Builders (NAHB). The NAHB/Wells Fargo Housing Market Index (HMI), which measures homebuilder sentiment, declined five points, to 33, and registered the 11th consecutive monthly decline,…
Homebuilder Sentiment Falls to Low Levels as Buyer Traffic Evaporates
November 16, 2022
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30-year mortgageBusiness & MarketseconomyHomebuilder Confidencehomebuilder sentimenthousing affordabilityinflationreal estateU.S. home salesUSUS Real Estate
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US Homebuilder Confidence Plunges Amid Inflation, Affordability Crisis
July 19, 2022
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Business & MarketseconomyHomebuilder Confidencehousing affordabilityHousing Market Indexinflationreal estateUSUS Real Estate
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Homebuilder confidence in the United States fell in July amid rising interest rates and high inflation that have slowed down sales, according to the National Association of Home Builders (NAHB). The NAHB/Wells Fargo Housing Market Index (HMI) dropped 12 points to 55 in July, the lowest HMI reading since May 2020, according to a July…
US Homebuilder Sentiment Falls to Lowest Level Since Pandemic as Affordability Worsens
June 15, 2022
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Business & MarketseconomyHomebuilder ConfidenceinflationInvestmentMarketsreal estateu.s. real estateUS Real Estate
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American homebuilders have grown more pessimistic about the state of the housing market over the past six months due to increasing interest rates, with sentiment falling to their lowest level since June 2020 at the height of the pandemic. Mortgage demand throughout the country has fallen to less than half of what it was a…
Homebuilder Confidence Falls to 4-Month Low on ‘Severe’ Supply Disruptions: NAHB
February 18, 2022
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Business & EconomyBusinesses in COVID-19economyHome salesHomebuilder ConfidenceMarketssupply chain disruptionUSUS News
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Confidence among U.S. homebuilders fell in February to a four-month low amidst persistent delays to projects, rising construction costs, and building material production bottlenecks, according to a trade association, indicating a near-term gloomy outlook for the industry. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) declined by one point to 82…
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