It’s been quite a year for the National Association of Home Builders/Wells Fargo Housing Market Index. In April, amid the worst of the coronavirus pandemic, the Index plunged 30 points to its lowest level since 2012. Yesterday—just four months later—the Index reached its highest point in its 35-year history.
Tag: Housing Market Index
Home Builder Confidence Back to Pre-Coronavirus Levels
Builder confidence in the market for newly built single-family homes jumped 14 points to 72 in July, the National Association of Home Builders reported yesterday, calling it a “strong signal” that the housing market is ready to lead a post-COVID economic recovery.
June Builder Confidence Surges Following Shaky Spring
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.
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.
Builder Confidence Ends Year to Highest Reading Since 1999
Builder confidence in the market for newly built single-family homes increased five points to 76 in December off an upwardly revised November reading to its highest reading since June 1999, the National Association of Home Builders reported yesterday.
MBA: October New Home Purchase Applications Up 9% from September, 31.5% from Year Ago
Mortgage Bankers Association Builder Applications Survey data for October show mortgage applications for new home purchases increased by nine percent from September and by 31.5 percent from a year ago.