Builder confidence rises due to demand and limited supply: NAHB

Builder confidence for newly built single-family homes rose three points to 66 in May, according to the latest data from the National Association of Home Builders. 

Builder confidence rises due to demand and limited supply: NAHB

Builder confidence for newly built single-family homes rose three points to 66 in May, according to the latest data from the National Association of Home Builders. 

Builder confidence holds steady

Builder confidence remained steady in March with the Housing Market Index at 62, on a 0-100 scale, after climbing the past two months.

Builder confidence rises due to falling mortgage rates

Builder confidence for newly built single-family homes is rising due to falling mortgages, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The HMI rose 2 points in January to 58 on an index that grades any score above 50 as builders viewing conditions more good than poor. Last month, the HMI hit a three-year low. 

Flood insurance freeze halts thousands of US home sales

The Federal Emergency Management Agency ruled Thursday it will not approve new or renew existing flood insurance plans during the government shutdown.

Builder confidence hits lowest level in more than 3 years

Builder confidence amid affordability concerns dropped to its lowest level since the spring of 2015, according to the Wells Fargo Housing Market Index.

Homebuilder sentiment high despite tariffs and labor costs

Even among setbacks like high tariffs and rising labor costs, homebuilders are still hopeful that the current market will open new opportunities.

Higher lumber costs have boosted new home prices by $9,000

While rising mortgage rates and historically low inventory levels are often to blame for rising single-family home prices, there’s another culprit: lumber.