Though the most recent government data say housing starts fell in August, the NAHB/Wells Fargo Housing Market Index (HMI) rose to a post recession high.
NAHB reports that the pace of single-family starts for the months was effectively flat, falling 2.4 percent, but expected starts to strengthen through the end of this year and next. The HMI, a monthly measure of single-family builder market sentiment, increased four points to 59 in September, which is the highest reading of the post-recession period.
Read more
NAHB's Eye on the Economy posts a roundup of home builder stats
Advertisement
Top Articles
Advertisement
Advertisement
More in Category
Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness
NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs
Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year