Elevated mortgage rates drive homebuilder confidence downward

Homebuilders exhibited little optimism as the housing market showed little improvement month-to-month, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. Continue reading

Builder confidence curbed in July by continued supply-side roadblocks

Labor shortages, regulatory costs and high costs of materials continued to dampen builder confidence, but strong buyer demand helped moderately temper those challenges in July, according to a new report. Continue reading

Builder confidence dips slightly in June — to lowest level since August

The Housing Market Index dropped to 81 in June, down from 83 the previous month, according to the National Association of Home Builders and Wells Fargo. Continue reading

Builder confidence on the up and up

Nationwide builder sentiment rose by one point to 83 in April, according to the National Association of Home Builders/Wells Fargo Housing Market Index. Continue reading