Wed, Feb 17 2021, 11:40 AM
After dropping from record high levels by a total of 7 points over the last two months, the index that measures home builder confidence has stabilized...
Tue, Jan 26 2021, 12:12 PM
The annual increases in U.S. home prices is nearing dizzying levels. The November data from the Federal Housing Finance Agency (FHFA) crossed into dou...
Wed, Jan 20 2021, 11:45 AM
After setting three successive record highs, most recently a 90 level in November , the pandemic and rising construction costs are taking a toll on th...
Wed, Dec 16 2020, 12:27 PM
After setting successive survey highs in September, October, and November, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market...
Tue, Nov 24 2020, 11:14 AM
Annual price increases in September were quite literally off the charts . Both the S&P CoreLogic Case-Shiller National Index and the Housing Market In...
Wed, Nov 18 2020, 3:16 PM
Residential construction data for October was mixed. The U.S. Census Bureau and Department of Housing and Urban Development reported that the rate of ...
Tue, Nov 17 2020, 11:54 AM
For the third straight month the level of builder confidence in the new home market set a record high . The National Association of Home Builders (NAH...
Mon, Oct 19 2020, 10:33 AM
For only the second time in its 35-year history, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) topped 80 thi...
Wed, Sep 16 2020, 4:22 PM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) set a new high this month, breaking a record that it set only ...
Tue, Aug 18 2020, 10:53 AM
Residential construction rates soared in July with both permits and starts increasing from their June pace by double digits and topping 2019 numbers f...
Mon, Aug 17 2020, 10:21 AM
Builders have tied their 32-year old record for confidence as measured by the National Association of Home Builders/Wells Fargo Housing Market Index (...
Fri, Jul 17 2020, 11:50 AM
All three measures in the Census Bureaus June residential construction report moved higher , as the building industry continued to recover from its Ap...
Thu, Jul 16 2020, 10:33 AM
Economists talk about the potential for a V shaped recovery from the pandemic and that is exactly the pattern displayed by the National Association of...
Tue, Jun 23 2020, 10:59 AM
After its pandemic-related plunge in April, the rapid recovery of the Housing Market Index, a measure of builder confidence, seems justified by today'...
Tue, Jun 16 2020, 10:45 AM
The COVID-19 outbreak struck a major blow to builder confidence in April. The prospect of widespread shutdowns of businesses and prolonged shelter at ...
Mon, Jun 1 2020, 12:15 PM
As was reported last week, new home sales in April were much, much better than expected. There may or may not be a cause and effect going on here, but...
Mon, May 18 2020, 10:39 AM
Nearly all financial indicators took a hit last month as unemployment measures shot higher, businesses shut down, and consumers and their families sel...
Fri, May 15 2020, 11:42 AM
Fannie Mae's Economic and Strategic Research (ESR) group says it expects the U.S. gross domestic product (GDP) to decline by 35 percent (annualized) i...
Wed, Apr 22 2020, 10:56 AM
In its early April survey of builders for its Housing Market Index the National Association of Home Builders (NAHB) added questions about the impact o...
Fri, Apr 17 2020, 12:59 PM
Fannie Mae's April Economic Developments summary is, like Freddie Mac's, relatively optimistic only because they see the impact of the pandemic as bei...
Wed, Apr 15 2020, 10:42 AM
The National Association of Home Builders (NAHB) said its Housing Market Index (HMI), which it sponsors jointly with Wells Fargo, suffered the largest...
Wed, Mar 18 2020, 8:27 AM
Builder confidence slipped slightly in March according to the National Association of Home Builders (NAHB), but there was one huge caveat. The monthly...
Tue, Feb 18 2020, 3:33 PM
Fannie Mae says the U.S. economy appears to be sustaining itself despite both the problems faced by Boeing and the fears about the global impact of th...
Tue, Feb 18 2020, 10:40 AM
Builder confidence dipped a notch in February but still remains at elevated levels. The National Association of Home Builders (NAHB) says its Housing ...
Mon, Feb 10 2020, 11:01 AM
Last Friday's January Employment Situation report from the Bureau of Labor Statistics was a good one; total payroll employment increased by 225,000, b...
Wed, Jan 22 2020, 8:18 AM
In its first economic forecast of 2020, Fannie Mae's Economic and Strategic Research (ESR) Group is doubling down on its late 2019 predictions. The ec...
Thu, Jan 16 2020, 10:33 AM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) settled back a bit after its 5-point surge in December took it...
Mon, Dec 30 2019, 10:13 AM
Pending home sales bounced back in November , partially recovering from a 1.7 percent decline in October. The National Association of Realtors® said i...
Thu, Dec 19 2019, 11:46 AM
Fannie Mae substantially revised its housing forecast this month, especially as regards new home construction. The company's Economic and Strategic Re...
Wed, Dec 18 2019, 8:08 AM
The volume of mortgage applications retreated this past week, giving back most of the gains scored during the week ended December 6 following the Than...
Mon, Dec 16 2019, 10:41 AM
Home builders ended the year with an apparent outbreak of euphoria. Responding to higher trending sales and low interest rates they sent the National ...
Tue, Nov 19 2019, 1:31 PM
Fannie Mae's economists are predicting that economic growth will slow significantly in the fourth quarter to 1.6 percent. This downward revision howev...
Mon, Nov 18 2019, 2:03 PM
Home builder confidence fell back slightly this month, declining by 1 point to 70 in the National Association of Home Builders (NAHB)/Wells Fargo Hous...
Wed, Oct 16 2019, 10:30 AM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which has held in the mid-to-upper 60 range since May, finall...
Wed, Sep 18 2019, 8:25 AM
This morning I find myself in Pittsburgh, PA for the MBA of Southwest Pennsylvania . (Yes, I am bound for lunch at Primanti Brothers.) It turns out th...
Tue, Sep 17 2019, 10:41 AM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) increased 1 point in September. Along with an upward revision ...
Fri, Aug 30 2019, 8:12 AM
Housing led the way into the last recession, now Freddie Mac's economists are suggesting it might help stave off the next one or at least modify its s...
Fri, Aug 16 2019, 7:17 PM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) moved one point higher this month. However, at 66, NAHB's meas...
Wed, Jul 31 2019, 10:55 AM
The housing market has been looking slightly better over the last few month and Freddie Mac July economic report reflects that fact. They also maintai...
Tue, Jul 16 2019, 11:25 AM
Builder confidence rose slightly in July. The National Association of Home Builders (NAHB) said its Housing Market Index (HMI), which it sponsors with...
Mon, Jun 17 2019, 6:13 PM
Freddie Mac's forecast for June sees more dark clouds than usual , but few of those are on the housing front. The company's Economic and Housing Resea...
Mon, Jun 17 2019, 11:09 AM
The National Association of Home Builders' (NAHB's) measure of builder confidence broke out of its multi-month slump in May, rising 3 points. Much of ...
Wed, May 15 2019, 10:42 AM
New home builders finally got a little wind under their wings this month. The National Association of Home Builders (NAHB) said its NAHB/Wells Fargo H...
Wed, May 15 2019, 9:55 AM
The National Association of Home Builders (NAHB) is seeing some softening in the residential remodeling sector. Carmel Ford noted in an article in NAH...
Tue, Apr 16 2019, 10:41 AM
Builder confidence levels as reported by the National Association of Home Builders (NAHB) remained in the low 60s in April, a space it has now occupie...
Wed, Mar 20 2019, 8:30 AM
One problem solved? Perhaps, but there are always others waiting in line. The National Association of Home Builders (NAHB) asks its new home builder m...
Mon, Mar 18 2019, 10:47 AM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) held steady in March , after partially recovering from substan...
Tue, Feb 19 2019, 10:33 AM
The Housing Market Index (HMI) continues to recover from the plunge it took in November and December when it dropped an aggregate of 12 points. The Na...
Tue, Feb 19 2019, 8:53 AM
Where’s John Mellencamp when you need him ? Lenders in rural areas know that over half of U.S. farm households lost money farming in the past few year...
Wed, Jan 16 2019, 10:35 AM
After falling an aggregate of 12 points in November and December the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HM...
