Tag Archive for ‘hmi’

Builders’ Sentiment Continues to Rise

The NAHB/Wells Fargo Housing Market Index for October increased one point to 41, the sixth consecutive month for an increase.  Two of the three components to the index remained the same, current and expected sales, while the traffic index rose five points to 35, the highest in over six years.  The index, however, remains below the tipping point of 50… Read More ›

Home Builder Confidence Continues Increase in July

The July NAHB/ Wells Fargo Housing Market Index jumped six points to a level of 35.  The new level is the highest in more than five years and the largest one-month increase since the recession recovery in 2002.  All three components and four regions increased as well.  The current sales sub-component rose six points to 37 and the expectations for… Read More ›

Confidence in the 55+ Housing Market Still Below 50, but Improves Significantly in the First Quarter

According to NAHB’s latest 55+ Housing Market Index (HMI) survey, builder confidence in the 55+ housing market for single-family homes increased significantly in the first quarter of 2012 compared to the same period a year ago. The 55+ single-family HMI increased 10 points to 27, and although 27 is relatively low for an index that lies on a scale of 0… Read More ›

Builder Confidence Slips Three Points in April

Builder confidence in the market for newly built, single-family homes declined for the first time in seven months this April, sliding three notches to 25 on the National Association of Home Builders/Wells Fargo Housing Market Index, released today. The decline brings the index back to where it was in January, which was the highest level since 2007. Derived from a… Read More ›

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 ›