Navigation

U.S. Builder Confidence Down in January

U.S. builder confidence for new single-family homes in January fell 2 points to a level of 67, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

All three HMI indicators declined with the component gauging current sales conditions down 3 points to 72, sales expectations in the next six months falling 2 points to 76 and the index measuring buyer traffic dipping 1 point to 51. 

Derived from a monthly NAHB survey, the HMI gauges builder perceptions of current single-family home sales and sales expectations for the next six months. Scores from each component are then used to calculate a seasonally adjusted index where any number over 50 indicates that more builders view conditions as good rather than poor. See NAHB

QUICK SEARCH

Search Products

ADVANCED PRODUCT LOCATOR

 

The page you are requesting is on CPA’s main site, CompositePanel.org, which will open in a new window. Most of the site content is shared with DecorativeSurfaces.org.

Return Continue