Builder confidence in the market for newly built single-family homes was up slightly this month, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The April HMI registered as 40, up one point from March; any number...
Builder confidence in the market for newly built single-family homes dropped three points in March to a reading of 39 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), marking the lowest level in seven months; any number over...
Two new data reports are showing a decline in mortgage applications for new home purchases and the increased challenges in being able to afford a mortgage. The Mortgage Bankers Association (MBA) reported mortgage applications for new home purchases decreased 6%...
The triple threat of potential tariffs, still-elevated mortgage rates and high housing costs pushed builder confidence in the single-family home market down in February. The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI)...
Builders had mixed feelings about the multifamily housing sector during the fourth quarter of 2024, according to the newly released Multifamily Market Survey (MMS) published by the National Association of Home Builders (NAHB). The MMS produces two separate indices....