Two months ago, the National Association of Home Builders/Wells Fargo Housing Market Index suffered its biggest one-month drop in history, falling by more than 40 points to an eight-year low. This month, the Index rebounded back into positive territory.
Tag: Dean Mon
Home Builder Confidence Rebounds from Historic April Drop
After suffering the largest single-month decline in its history in April, the National Association of Home Builders/Wells Fargo Housing Market Index rebounded in May, sort of.
Home Builder Confidence Suffers Historic Drop
The economic effects of the coronavirus clobbered the home building industry this month, with the National Association of Home Builders reporting its Housing Market Index plunged a record 42 points to its lowest reading in nearly eight years.
March Builder Confidence Declines Amid Rising Risks
Builder confidence in the market for newly built single-family homes fell two points to 72 in March, the National Association of Home Builders reported yesterday.
February Builder Confidence Dips Slightly, Remains ‘Solid’
Builder confidence for newly built single-family homes fell by one point to 74 in February, according to the National Association of Home Builders/Wells Fargo Housing Market Index.