US Homebuilder Sentiment Remains Subdued Amid Affordability Challenges

Affordability Concerns Continue to Pressure Builder Sentiment, NAHB Says

Housing affordability continues to pressure homebuyers and builders, with homebuilder confidence dropping for the second consecutive month to open the new year. Builder confidence for erecting new single-family stick-built homes dipped by one point to 36 in February, the National Association of Home Builders (NAHB) and Wells Fargo said in their latest Housing Market Index report released on Feb. 17. The NAHB has conducted the survey for more tha…

US homebuilder sentiment remains subdued amid affordability challenges

U.S. homebuilder sentiment deteriorated in February, weighed down by persistently high land and construction costs as well as still-elevated house prices relative to incomes that are keeping prospective buyers on the sidelines, a survey showed on Tuesday.

Builder Sentiment Edges Lower on Affordability Concerns – tEDmag

Persistent affordability challenges helped push builder confidence lower for the second straight month to start the year.

Builder Sentiment Edges Lower on Affordability Concerns

Builder confidence in the market for newly built single-family homes fell one point to 36 in February, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Persistent affordability challenges, including high housing price-to-income ratios and elevated land and construction costs, helped push builder confidence lower for the second straight month […]

United States NAHB Housing Market Index registered at 36, below expectations (38) in February

United States NAHB Housing Market Index registered at 36, below expectations (38) in February