Builder confidence in the market for newly built single-family homes began 2026 with a downturn, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). For January, the HMI fell two points to 37, well below the 50-mark...
The National Association of Home Builders (NAHB) is predicting an uptick in the construction of single-family housing and a greater increase in home remodeling for the next 12 months. “While mindful of some weakening for the labor market, the economy remains in solid...
Builder confidence ended the year on an uptick, but was still deep in negative territory. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for December inched up one point to a reading of 39, well below the breakeven point of 50....
The average annual US residential property tax bill was $4,271 in 2024, according to the National Association of Home Builders (NAHB) analysis of the 2024 American Community Survey. That represented a 4% increase from the previous year. Last year marked the first time...
Builder confidence in the market for newly built single-family homes rose one point to 38 in November, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Any number over 50 indicates that more builders view conditions...
Mortgage Rates Reach 7.40%, Highest Since November 2023
