The August edition of the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) reached its lowest reading since last December with a 39 reading, down two points from a downwardly revised reading of 41 in July. The HMI index charting...
Sales of new single‐family houses during May were at a seasonally adjusted annual rate of 619,000, according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 11.3% below the revised April rate of 698,000 and...
Builder confidence in the market for newly built single-family homes reached its lowest reading since December 2023, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). For June, the HMI dropped two points from...
The latest National Association of Home Builders (NAHB) / Wells Fargo (NYSE:WFC) Housing Market Index (HMI) found builder confidence in the market for newly built single-family homes at the level of 45 in May, down six points from April for the index’s first...
The National Association of Home Builders (NAHB) has published a 10-point plan designed to address housing affordability challenges. In announcing the plan, the NAHB observed there was a nationwide shortage of approximately 1.5 million housing units, which exacerbates...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
