Navigation

U.S. Builder Confidence Falls in March

U.S. builder confidence for new single-family homes in March fell 2 points from February to 82 points on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component measuring current sales conditions dropped 3 points from February to 87 but sales expectations for the next six months grew 3 points to 83 in March. The component measuring prospective buyer traffic remained steady in March at 72.

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