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Builder Confidence Grows Increasingly Pessimistic

Builder Confidence Grows Increasingly Pessimistic

by Phil Hall | Oct 19, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes in October fell four points to 40 from a downwardly revised September reading, according to the Housing Market Index (HMI) data from the National Association of Home Builders (NAHB) and Wells Fargo...
Builder Confidence in Single-Family Home Market Drops for Second Straight Month

Builder Confidence in Single-Family Home Market Drops for Second Straight Month

by Phil Hall | Sep 18, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes in September fell five points to 45, according to the latest National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI) data. This follows a six-point drop in...
Builder Confidence in Single-Family Home Market Drops for Second Straight Month

Builder Confidence Evaporates Amid Elevated Mortgage Rates

by Phil Hall | Aug 15, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

After seven consecutive months of rising optimism, builder confidence dropped in August as mortgage rates neared the 7% mark. The National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI) saw builder confidence in the market for...
Builder Confidence Up for Seventh Straight Month

Builder Confidence Up for Seventh Straight Month

by Phil Hall | Jul 18, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes during July posted a one-point uptick to 56 in the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI). This marked the seventh consecutive month of rising...
Happy Days Are Here Again: Builder Confidence Rises in Positive Territory

Happy Days Are Here Again: Builder Confidence Rises in Positive Territory

by Phil Hall | Jun 19, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence transitioned into positive territory for the first time in 11 months, according to the latest National Association of Home Builders (NAHB) / Wells Fargo (NYSE:WFC) Housing Market Index (HMI). The HMI for the market for newly built single-family...
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