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.

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.

Record Traffic Spurs Home Builder Index to New High

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.

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.

For Remodeling Market Outlook, an ‘Abrupt About-Face’

The coronavirus pandemic is taking its toll on many sectors of the housing market—and according to the Joint Center for Housing Studies of Harvard University, the previously solid home remodeling market is about to take a hit as well.

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.