Tag Archive for ‘hmi’

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

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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

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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

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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 ›

Builders’ Sentiment Unchanged

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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 ›