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.
Tag: Robert Dietz
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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.
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Strong Buyer Demand Keeps Home Builders Optimistic
Strong buyer demand helped offset supply chain challenges and a surge in lumber prices as builder confidence in the market for newly built single-family homes edged up, the National Association of Home Builders reported yesterday.
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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.
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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.
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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.
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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.
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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.
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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.
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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.