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Tag Archives: Housing Market Index

U. S. builder confidence challenges supply chain disruptions

Strong consumer demand has helped thrust builder confidence higher in October despite growing affordability challenges imposed by surging material prices and shortages.Builder sentiment in the market for newly built single-family homes moved four points higher to 80 in October, according to the NAHB/Wells Fargo Housing Market Index (HMI) released on …

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U.S. Housing Market Index Declines

The U.S. Housing Market Index declined this month to 81 from its reading of 83 in May, data by the National Association of Home Builders showed on Friday. The reading comes below market expectations of maintaining the same level of last month. The gauge of home sales for the coming …

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