Navigation

U.S. Builder Confidence Remains Strong Mixed in November

U.S. builder confidence for new single-family homes in November decreased 1 point from October to 70 points on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions dropped 2 points to 76, while the measurement of sales expectations in the next six months rose 1 point from October to 77. The component measuring prospective buyer traffic was down 1 point from October to 53.

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