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.
Tag: Housing Market Index
Material Challenges Dampen Home Builder Sentiment
In the first of three reports this week on new home building, the National Association of Home Builders said rising material prices and supply chain shortages resulted in builder confidence dipping to its lowest level since August 2020.
Builder Confidence Holds Steady Amid Rising Cost Concerns
Builder confidence held stable in May, despite growing concerns over the price and availability of most building materials, including lumber, the National Association of Home Builders reported Monday.
Builder Confidence Edges Up as Strong Demand Offsets Supply-Side Challenges
The National Association of Home Builders said strong buyer demand pushed builder confidence up in April, even as builders continued to grapple with rising lumber prices and supply chain issues and consumers faced higher home prices due to a lack inventory.
Headwinds Push Down March Home Builder Sentiment
Despite high buyer traffic and strong demand, builder sentiment fell in March as rising lumber and other material prices pushed builder confidence lower, the National Association of Home Builders reported yesterday.
Builder Confidence Down on Rising Material Prices, Upsurge in COVID-19 Cases
The National Association of Home Builders said its Housing Market Index fell by three points in January, hamstrung by rising material costs led by a huge upsurge in lumber prices along with a resurgence of the coronavirus across much of the nation.
Builder Confidence Dips from Record Highs, But Stays Strong
Builder confidence in the market for newly built single-family home fell for the first time in three months in December, but remained strongly optimistic, the National Association of Home Builders reported yesterday.
Builder Confidence Sets 3rd Straight Record
For home builders, the bright spots are only getting brighter. The National Association of Home Builders said its monthly index builder confidence set its third straight record in November.
October Home Builder Confidence Marks 3rd Straight Record High
Builder confidence in the market for newly built single-family homes increased to record levels for the third consecutive month, the National Association of Home Builders reported yesterday.
September Home Builder Confidence Hits Record High
After a steep drop in April at the onset of the coronavirus pandemic, builder confidence has soared to record highs, according to the National Association of Home Builders.