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Tag Archives: Housing Market Index

Builder Confidence on Firm Foundations

home builders

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 ...

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The Week Ahead: Home Builders Weigh in

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 ...

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Builder Confidence Jumps in June

The National Association of Home Builders' (NAHB) Housing Market Index (HMI), released Monday in collaboration with Wells Fargo, registered 49 this month, up from 45 in May. A value below 50 indicates more builders view market conditions as "poor" rather than "good." Despite falling one point short of the benchmark, the moderate uptick in sentiment "is a welcome sign and shows some renewed confidence in the industry," said NAHB chairman Kevin Kelly.

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Mixed Attitudes Reported from Builders Nationwide

The National Association of Home Builders (NAHB) revealed in its latest Housing Market Index (HMI) that after falling in February to the lowest level in nearly a year, builder confidence barely moved in March. The index nudged up one point this month, landing on a reading of 47—still a few points shy of the 50 benchmark that separates a market largely perceived as "bad" from one perceived as "good."

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