Tag Archives: Builder Confidence

Redfin reports that an increase in December housing supply has led to rising vacancies, motivating landlords to lower asking rents, which fell nearly 1% from a year earlier.

NAR reported a steadying of pending home sales in the month of November, as contract signings grew in the Northeast, Midwest, and West, but slid in the South.

HUD and the Census Bureau have reported privately‐owned housing starts were up in November 2023, nearly 15% above October 2023’s totals.

U.S. housing supply jumped to 7.8 months at the current sales rate in August, the highest measure recorded since March 2023, as the inventory of completed homes for sale continued to climb, hitting its highest level since April 2020.

The mortgage rate tipping point—the rate that will allow homeowners to move—has advanced above 5%, with a Zillow report finding those above this rate are nearly twice as likely to plan to sell their home than those with a rate below 5%.

While single‐family housing starts were down in June, home buyers today are presented with more options, as new-home inventory is accounting for a bigger share of the total housing supply.

Inflationary concerns continue to blanket prospective buyers as new residential sales declined month-over-month in April.

The latest installment of the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) shows builder confidence in the market for newly-built single-family homes mostly staying strong. However, there are concerns on the horizon that could continue to ...

On Thursday at 10 a.m. EST, the National Association of Home Builders will release their latest monthly installment of the Housing Market Index (HMI). The monthly HMI index gauges builder perceptions of current single-family home sales and sales expectations for ...

The NAHB/Wells Fargo Housing Market Index dropped down two points in October, reflective of builder confidence toward the housing market decreasing. Why?