Pandemic-related supply chain issues and shortages of lumber have continued to contribute to rising lumber prices, but intense homebuyer demand for single-family homes has kept builder confidence steady
The National Association of Home Builders and Wells Fargo Housing Market Index jumped 5 points to 83 in September, an all-time high for the index since the series began in 1985
As if in a blast from the past, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) rose 6 points to 78 in August, the index's highest reading since December 1998
The National Association of Home Builders' monthly measure of market conditions reached its highest point in 2019 and the highest point since October of last year
The National Association of Home Builders' Housing Market Index rose to 65 points in July
National Association of Home Builders (NAHB) chairman says housing demand is likely to increase in the coming months
Housing affordability is putting a crunch on builder confidence, but NAHB expects it will rebound in 2019