Builder confidence in the market for newly built single-family homes fell six points to 34 in November, according to the National Association of Home Builders/Wells Fargo Housing Market Index, the fourth consecutive monthly drop in builder confidence.
Tag: Housing Market Index
Builder Confidence Falls as Mortgage Rates Rise
Homebuilder confidence retreated in August as mortgage rates approached 7% and stubbornly high shelter inflation further eroded housing affordability, the National Association of Home Builders and Wells Fargo reported.
Builder Confidence Falls as Mortgage Rates Rise
Homebuilder confidence retreated in August as mortgage rates approached 7% and stubbornly high shelter inflation further eroded housing affordability, the National Association of Home Builders and Wells Fargo reported.
Builder Confidence Rises on Low Housing Inventory
In the first of several major housing reports this week, the National Association of Home Builders said builder confidence jumped in May as low existing home inventories drew home buyers to new home construction.
Home Builder Optimism Rises 2nd Straight Month
Home builder sentiment rose by seven points in February, the National Association of Home Builders said Wednesday, to its highest levels since September and signaling optimism going into the spring home buying season.
Builder Confidence Down 12th Straight Month
The National Association of Home Builders/Wells Fargo Housing Market Index went 12-for-12 in 2022—but not in a good way.
Builder Confidence Falls for 11th Straight Month
Builder confidence in the market for newly built single-family homes posted its 11th straight monthly decline in November, the National Association of Home Builders reported Wednesday, citing elevated interest rates, stubbornly high building material costs and declining affordability conditions that are pushing more buyers to the sidelines.
Builder Confidence Falls 10th Straight Month
Builder confidence in the market for newly built single-family homes fell by eight points in October—its 10th straight monthly drop to the lowest level in 10 years, the National Association of Home Builders reported Tuesday.
Builder Confidence Turns Negative After 8th Straight Monthly Drop
Home builder confidence has turned into downright pessimism. The National Association of Home Builders/Wells Fargo Housing Market Index fell in August for the eighth straight month to its lowest level in more than two years.
Builder Confidence Plunges as Affordability Woes Mount
The National Association of Home Builders reported builder confidence plunged in July as high inflation and increased interest rates stalled the housing market by dramatically slowing sales and buyer traffic.