Eye On Housing
Tag Archive for ‘hmi’
Builder Sentiment Up Again
The NAHB/Wells Fargo Housing Market Index (HMI) increased four points in February to 29, the highest level since April 2007. The increase marks the fifth consecutive month of an increase for a total of 15 points since recording a 14 in September 2011. All three components also recorded levels not seen since early 2007. The current and future sales components… Read More ›
Builder Confidence in 55+ Single-Family Market Still Low
According to the latest survey results from the National Association of Home Builders (NAHB), builder confidence in the 55+ new home market remained weak in the third quarter of 2011, as the 55+ Housing Market Index (HMI) for single-family homes fell three points on a year-over-year basis, to 12. The 55+ single-family HMI is a weighted average of three component… Read More ›
Builders’ Sentiment Unchanged
The NAHB/Wells Fargo Housing Market Index remained at 15 in August, the same as July. In fact, except for several months near the ends of the home buyer tax credits in 2009 and 2010, the index has revolved within 2 points of 15 for more than three years. Of the three components, the only one to decline from July to… Read More ›
NAHB Economist on HMI Gaining Two Points
July HMI Video