Navigation

U.S. Builder Confidence Dips Slightly in August

U.S. builder confidence for new single-family homes in August fell 1 point from the month prior to 67 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI components gauging current sales conditions and sales expectations in the next six months both fell 1 point to 73 and 72, respectively. The component measuring buyer traffic was down 2 points to 49.

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 a score 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