June U.S. Builder Confidence Dips

U.S. builder confidence for new single-family homes in June fell 2 points from May to 81, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions dropped 2 points to 86 and the measurement of sales expectations in the next six months shrunk 2 points from May to 79. The component measuring prospective buyer traffic dropped 2 points to 71 in June.

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