Rising inflation and higher mortgage rates are slowing traffic of prospective home buyers and putting a damper on builder sentiment, the National Association of Home Builders said Wednesday.
Tag: Housing Market Index
Builder Confidence Reaches Inflection Point
Rapidly rising interest rates, combined with ongoing home price increases and higher construction costs, continue to take a toll on builder confidence and housing affordability, the National Association of Home Builders reported Monday.
Supply Constraints, Higher Interest Rates Damper Builder Confidence
Ongoing lumber and building material supply side constraints, rising construction costs and expectations of higher interest rates continue to negatively affect builder sentiment even as buyer demand remains relatively solid, the National Association of Home Builders reported Wednesday.
Supply-Side Constraints Cool Home Builder Sentiment; Most Households Can’t Afford Median-Priced New Home
Despite strong buyer demand, Home builder sentiment continued to slip in February, the National Association of Home Builders reported Wednesday.
Builder Confidence Edges Lower on Inflation Concerns
Rising inflation concerns and ongoing supply chain disruptions snapped a four-month rise in builder sentiment, even as consumer demand remained robust, the National Association of Home Builders reported Tuesday.
MBA November Builder Applications Survey Down 3% From October; 2.2% from Year Ago; Home Builder Sentiment Up
Mortgage applications for new home purchases fell in November by 3 percent from October and by 2.2 percent from a year ago, the Mortgage Bankers Association reported Thursday.
Home Builder Confidence Up Despite Supply Chain Snags
Low inventories and strong buyer demand helped push builder confidence higher for the third consecutive month even as supply-side challenges – including building material bottlenecks and lot and labor shortages – remain stubbornly persistent, the National Association of Home Builders reported Tuesday.
Builder Confidence Steadies as Material, Labor Challenges Persist
The National Association of Home Builders reported builder confidence inched up in September on lower lumber prices and strong housing demand, even as the housing sector continues to grapple with building material supply chain issues and labor challenges.
Builder Confidence at 13-Month Low
The National Association of Home Builders said higher construction costs and supply shortages, along with rising home prices pushed builder confidence to its lowest reading since July 2020.
Builder Confidence Edges Lower as Material Challenges Persist
Strong buyer demand partially offset building material supply-side challenges, regulation and labor as builder confidence in the market for newly built single-family homes inched down one point to 80 in July, the National Association of Home Builders/Wells Fargo Housing Market Index reported.