NAHB/Wells Fargo: Builder Sentiment Rises as Rates Dip

Falling mortgage rates helped end a four-month decline in builder confidence, and recent economic data signal improving housing conditions heading into 2024, the National Association of Home Builders/Wells Fargo Housing Market Index 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 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.

April Home Builder Sentiment Up 1 Point

Ahead of Tuesday’s New Residential Construction report, the National Association of Home Builders reported builder confidence in the market for newly built single-family homes in April rose for the fourth straight month.

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 Up for 1st Time in a Year

Builder confidence in the housing market rose for the first time in 12 months, the National Association Home Builders reported Wednesday, as a drop in mortgage interest rates brought out more potential new home buyers.