Posts Tagged ‘ HMI ’

Builder Confidence Solid in June Amidst Growing Economic Uncertainty

Jun 18th, 2019

According to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), builder confidence in the newly-built single-family homes market fell two points to in June. Sentiment levels have held at a solid range in the low- to mid-60s for the past five months. The HMI level in May 2019 (66) was the […]

Struggle Continues for Builders Despite Rising Affordability

May 17th, 2019

According to the Housing Opportunity Index (HOI) released by the National Association of Home Builders (NAHB) and Wells Fargo last week, housing affordability increased during the first quarter of 2019 due to decreasing mortgage rates, lower home prices and rising wages. With those improvements, however, comes additional challenges, said NAHB chairman Greg Ugalde. “While the […]

Builder Confidence Continues on Upward Trend

May 15th, 2017

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 (NAHB)/Wells Fargo Housing Market Index (HMI). This is the second highest HMI reading since the downturn, according to […]

Builders are Confident in the 55+ Housing Market

Feb 4th, 2016

Builder confidence in the single-family 55+ housing market remained strong in the fourth quarter of 2015, according to the National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI). The reading, which was 61, marked the seventh consecutive quarter with a reading above 50. “This quarter’s 55+ HMI is in line with our forecast […]

Builders Remain Confident in January

Jan 19th, 2016

Builder confidence in the market for newly-built single-family homes held steady at a reading of 60 in January from a downwardly-revised December score of 60 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). “January’s HMI reading is right in line with our forecast of modest growth for housing,” says NAHB […]

Builders’ Confidence is at a 10-year High

Sep 17th, 2015

Builder confidence in the market for newly constructed single-family homes continued its steady rise in September with a one point increase to a level of 62, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). It is the highest reading since October 2005. “The HMI shows that single-family housing is […]

Builders’ Confidence is at its Highest Level Since November 2005

Jul 16th, 2015

Builder confidence in the market for newly built, single-family homes in July hit a level of 60 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) while the June reading was revised upward one point to 60 as well. The last time the HMI reached this level was in November 2005. […]

Builders Are Much More Confident this May

May 18th, 2015

Builder confidence in the market for newly built, single-family homes in May is at a level of 54 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). It is a nine-point increase from the May 2014 reading of 45, though two points less than it was in April 2015. “Consumers are […]

Builder Confidence Rises Four Points in April

Apr 16th, 2015

Builder confidence in the market for newly built, single-family homes in April rose four points to a level of 56, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). “As the spring buying season gets underway, home builders are confident that current low interest rates and continued job growth will […]

As Snow Falls, So Does Builder Confidence

Feb 17th, 2015

Builder confidence in the market for newly built, single-family homes in February fell two points to a level of 55 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). “For the past eight months, confidence levels have held in the mid- to upper 50s range, which is consistent with a modest, ongoing […]