Builder Confidence Snaps 12-Month Lull in January Despite ‘Bearish’ Sentiment
Homebuilders entered 2023 on a high note as new data from the National Association of Home Builders (NAHB) shows that ...
Tag: Builder Confidence
Reflecting a Weakening Housing Market, Builder Confidence Declines Again in December
High mortgage rates, elevated construction costs running well above the inflation rate and flagging consumer demand due to deteriorating affordability ...
Builder Confidence Declines for 11th Consecutive Month as Housing Weakness Continues
Builder confidence in the market for newly built single-family homes dropped five points to 33, its 11th straight monthly decline, ...
Builder Confidence Down as Housing Market Continues to Weaken
Builder sentiment fell for the 10th straight month in October, and traffic of prospective buyers fell to its lowest level ...
Housing Starts, Permits Down Big
Housing starts fell 14.4% year-over-year in May to a seasonally adjusted annual rate of 1.55 million, according to the latest ...
Builder Confidence Down for 6th Consecutive Month
Home builders are seeing hard times ahead as the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) ...
Builder Confidence Plunges on Rising Interest Rates, Growing Affordability Woes
In a sign that the housing market is now slowing, builder confidence took a steep drop in May, according to ...
Supply Constraints, Rising Costs Lower Builder Confidence
Ongoing lumber and building material supply side constraints, rising construction costs and expectations of higher interest rates continue to negatively ...
Builder Confidence Edges Lower on Inflation Concerns
Growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in builder sentiment even as consumer demand remains ...
NAHB Reports Strong Year-End Builder Confidence
Builder confidence moved up for the fourth consecutive month despite ongoing inflation concerns and delays in production. For newly built ...
The Great Housing Market Correction of 2023
For much of the past two-and-a-half years, it has been a housing market free-for-all, with bidding wars, multiple offers over... Read more.
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