Tag Archive for ‘hmi’

Builders’ Sentiment Bounces Back

Home builders reversed their one month decline in sentiment as the April NAHB/Wells Fargo Housing Market Index increased 4 points to 56 from a one-point downwardly revised 52 in March. The bounce back up to the January-February average suggests the March observation was an outlier. All three components revived to or above the early part of 2015. Current sales index… Read More ›

Builders Sentiment Weakens Slightly

The March NAHB/Wells Fargo Housing Market Index dropped two points to 53 from February, the third consecutive monthly decline in the index. While softening during the winter months, the index has remained above 50 since July 2014. Furthermore, of the three components to the index, the expectations for future sales remained steady at 59 (from the downwardly revised February of… Read More ›

Builder Confidence Slightly Lower in February

Builder confidence in the market for newly built, single-family homes in February fell two points to a level of 55 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Builder sentiment remains fairly solid, with this slight downturn largely attributable to the unusually high snow levels across much of the nation.   For the past eight months,… Read More ›

Builders’ Sentiment Holding Steady

Builders’ attitudes about the housing market remain nearly the same since September. The NAHB/Wells Fargo Housing Market Index starts the New Year at 57, down one point from an upwardly revised December of 58. Builders remain relatively optimistic about the current market as the component gauging current home sales remained at 62 from a one point upwardly revised value. Builders… Read More ›

Builders Continue Optimism

The November NAHB/Wells Fargo Housing Market Index rose four points to a level of 58 as builders continue to see promise in home selling. This marks the fifth consecutive month for the index to remain above the tipping point of 50 after a slow beginning to the year. All three components rose with current sales rising five points to 62,… Read More ›

Builders Gain Confidence in the 55+ Housing Market

Builder confidence in the 55+ housing market was up again in the third quarter, according to the latest release of NAHB’s 55+ Housing Market Index (55+HMI).  The 55+ HMI release contains separate indices for single-family homes and multifamily condominiums. Each is a weighted average of three components: present sales, expected sales, and traffic.  The numbers are not seasonally adjusted, so they should only… Read More ›

Builders Believe

Builders’ sentiment jumped four points to 59, the highest level since November 2005, according to the September NAHB/Wells Fargo Housing Market Index. Many of the builders commented on the renewed interest by potential home buyers and higher traffic in their models and through their phone calls. Supporting those comments, all three components rose led by the traffic measure increasing to… Read More ›

Builders’ Confidence Continues to Build

Home builders confidence is marching toward the 2014 high established in January as more buyers return to the market. The August NAHB/Wells Fargo Housing Index rose two more points to 55 approaching the 2014 high in January of 56. All three subcomponents of the index also increased, two to a high for the year. Expectations for the next six months… Read More ›

Builder Confidence in the 55+ Market Again Positive

Builder confidence in the single-family 55+ housing market was up again on a year-over-year basis in the second quarter, according to NAHB’s 55+ Housing Market Index (HMI).  Compared to the second quarter of 2013, the 55+HMI for new single-family housing increased three points to 56–the highest second-quarter reading since the inception of the index in 2008 and the 11th consecutive quarter of year… Read More ›

Builder Confidence Surpasses Key Benchmark in July

Builder confidence in the market for newly-built single-family homes rose four points to a reading of 53 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Any reading over 50 indicates that more builders view sales conditions as good than poor. The July reading marks the first time since January that the index has been above a level of… Read More ›