U.S. Builder Confidence Hits 5-Month High in October

U.S. builder confidence for new single-family homes in October rose 4 points to 68 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This is the highest index reading since last May. The HMI component gauging current sales conditions was up 5 points to 75, and sales expectations in the next six months index increased 5 points to 78. The component measuring buyer traffic inched upward 1 point to 48.

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


Search Products



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

Return Continue