According to the National Association of Home Builders’ Housing Market Index, home builders witnessed a substantial boost in homebuilder confidence after President-elect Donald Trump won the election in November. Although builder sentiment has remained steady within the past couple of months, this seven-point spike in confidence has mortgage experts particularly eager for what’s to come in the housing market next year.
Year Ends With Highest Homebuilder Confidence Since 2005
[fa icon="calendar'] Dec 20, 2016 10:33:30 AM / by Eustis Mortgage posted in mortgage news, housing market, homebuilder sentiment
Homebuilder Sentiment Falls 2 Points, But Remains Higher Than Average
[fa icon="calendar'] Nov 1, 2016 10:42:12 AM / by Eustis Mortgage posted in mortgage news, homebuilder sentiment
This month, the National Association of Home Builders’ (NAHB) Housing Market Index fell two points, dropping the marker to 63. According to the Association’s analysts, anything above 50 is considered positive homebuilder sentiment—meaning homebuilders currently remain positive about the U.S. housing market.