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.
Tag: National Association of Home Builders
MBA Chart of the Week Jan. 20 2023: New Residential Construction/Home Purchases
This week’s MBA Chart of the Week captures data on new residential construction market and the state of new single-family home sales.
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.
Sharp Slowdown Expected in Home Remodeling
The Leading Indicator of Remodeling Activity, a quarterly forecast from the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University, Cambridge, Mass., projects year-over-year growth in homeowner remodeling and repair spending to shrink from 16.1 percent in 2022 to 6.5 percent by the third quarter 2023. And The National Association of Home Builders Remodeling Market Index for the third quarter posted a 10-point year over year decline in the third quarter, falling to 77.
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 Down 9th Straight Month
Builder sentiment fell for the ninth straight month in September, the National Association of Home Builders reported Monday, amid elevated interest rates, building material supply chain disruptions and high home prices.
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.
Home Builder Confidence Falls to 1-Year Low
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.
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.