Builder Confidence Remains Strong as New Year Starts By Robert Dietz on January 17, 2018 (). Builder confidence in the market for newly-built single-family homes dropped two points to a level of 72 in January on the National Association of Home Builders/Wells fargo housing market index (hmi) after reaching an 18-year high in December 2017.
The NAHB Housing Market Index (HMI) remained solid at 64 in June, and builder confidence has held in the low-to mid-60s for the fifth straight month.
Builder Confidence Strong Despite June Letdown. By Michael Miller. bcm.nacm.org – Builder confidence for newly built single-family homes is on the decline, yet overall confidence is still very high. The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) slipped two.
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Builder confidence for the single-family housing market experienced its biggest increase in nearly a year in June, though sentiment still remains on the negative side. Despite falling one point.
Builder confidence in the market for newly-built single-family homes slipped two points in July to a level of 64 from a downwardly revised June reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). It is the lowest reading since November 2016.
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Builder confidence in the market for newly built single-family homes remained unchanged at a healthy 72 level in February on the NAHB/Wells Fargo Housing Market Index (HMI). "Builders are excited about the pro-business political climate that will strengthen the housing market and support overall.
June’s index reading was 64, which indicates strong sentiment among home builders for current housing market conditions. NAHB component readings also dropped in June with builder confidence in current home sales one point lower at an index reading of 71. Home builder confidence in home sales conditions over the next six months dropped two.
Applications for building permits. survey showed builder confidence dipped to a still solid reading of 64 in June, down from 66 in May. Sentiment levels have held in a range of the low- to mid-60s.
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“The May numbers are a bit surprising given lower mortgage interest rates and solid builder confidence data. Based on these conditions, we expect June. up.Despite a step backward in single-family.