Affordability Concerns Flatten Builder Confidence

Affordability concerns flatten builder confidence

The uses of sales incentives hit 66% this month, the highest since the pandemic.

Builder Confidence Remains Stuck in Low Gear - The MortgagePoint

High rates and red tape are just two of the factors driving up affordability concerns in the single-family construction market, as the nation’s home builders grapple with a slowing housing market.

Builder confidence plateaus at relatively low level

Builder sentiment has now been in negative territory for 16 consecutive months and has hovered at a relatively low reading between 32 and 34 since May.

US Housing Market Stays In The Doldrums, Says NAHB

US homebuilder confidence took another hit in August, as the National Association of Home Builders’ index slipped to 32—marking the sixteenth straight month in negative territory and a fresh low compared to last year.

Homebuilders are still pessimistic, as builder confidence plateaus

Homebuilder confidence plateaued in August as mortgage rates remain elevated, continuing to weaken buyer traffic, and builders continue to grapple with supply-side challenges, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released Monday. The index fell one point from July to a reading of 32. The index has hovered between 32 and 34 since May 2025.  “Affordability continues to be the top chal…

Builder Confidence Plateaus at Relatively Low Level

Elevated mortgage rates, weak buyer traffic and ongoing supply-side challenges continued to act as a drag on builder confidence in August, as sentiment levels remain in a holding pattern at a low level. Builder confidence in the market for newly built single-family homes was 32 in August, down one point from July, according to the...