URL has been copied successfully!
American housing builders’ sentiment has experienced a “sharp decline” in April due to concerns about the economy.
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) declined four points this month, NAHB said in an April 15 statement. The index, which measures builder confidence in the market for newly built single-family homes, was at 34 this month, the lowest level since September 2025.
“Builder sentiment has fallen back in spring as buyers face ongoing elevated interest rates and growing economic uncertainty,” NAHB Chairman Bill Owens said.
“The year started with hopes for housing momentum growth, but risks with respect to the Iran war, energy costs, and declines for consumer confidence have slowed the market.”…
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) declined four points this month, NAHB said in an April 15 statement. The index, which measures builder confidence in the market for newly built single-family homes, was at 34 this month, the lowest level since September 2025.
“Builder sentiment has fallen back in spring as buyers face ongoing elevated interest rates and growing economic uncertainty,” NAHB Chairman Bill Owens said.
“The year started with hopes for housing momentum growth, but risks with respect to the Iran war, energy costs, and declines for consumer confidence have slowed the market.”…
Please follow us:
