The NAHB/Wells Fargo Housing Market Index (HMI), which tracks US homebuilder confidence in the market for newly built single-family homes, fell to 35 in June 2026, down from 37 in May and slightly below market expectations of 36. Within the report, current sales conditions declined by two points to 38, while sales expectations for the next six months remained unchanged at 45. Buyer traffic also held steady at a weak level of 25, signaling persistently soft demand. The survey also highlighted continued reliance on pricing strategies. 35% of builders reported cutting prices in June, up from 32% in May. The average price reduction remained at 6%, unchanged month-over-month. In addition, the use of sales incentives ticked up to 62% from 61%, marking the 15th consecutive month that more than 60% of builders have offered incentives to attract buyers. source: National Association of Home Builders

Nahb Housing Market Index in the United States decreased to 35 points in June from 37 points in May of 2026. Nahb Housing Market Index in the United States averaged 51.26 points from 1985 until 2026, reaching an all time high of 90.00 points in November of 2020 and a record low of 8.00 points in January of 2009. This page provides the latest reported value for - United States Nahb Housing Market Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States NAHB Housing Market Index - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Nahb Housing Market Index in the United States decreased to 35 points in June from 37 points in May of 2026. Nahb Housing Market Index in the United States is expected to be 36.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States NAHB Housing Market Index is projected to trend around 52.00 points in 2027 and 50.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-18 02:00 PM
NAHB Housing Market Index
May 37 34 35 35
2026-06-15 02:00 PM
NAHB Housing Market Index
Jun 35 37 36 36
2026-07-16 02:00 PM
NAHB Housing Market Index
Jul 35


Related Last Previous Unit Reference
15-Year Mortgage Rate 5.84 5.79 percent Jun 2026
30-Year Mortgage Rate 6.52 6.48 percent Jun 2026
Average House Prices 508800.00 505200.00 USD Apr 2026
Average Mortgage Size 381.94 383.57 Thousand USD Mar 2026
Building Permits 1413.00 1423.00 Thousand May 2026
Building Permits MoM -0.70 4.40 percent May 2026
Case-Shiller Home Price Index 341.74 338.23 points Mar 2026
Case-Shiller Home Price Index MoM 1.00 0.40 percent Mar 2026
Case-Shiller Home Price Index YoY 0.80 0.90 percent Mar 2026
Construction Spending MoM 0.40 0.20 percent Apr 2026
Existing Home Sales 4170.00 4040.00 Thousand May 2026
Existing Home Sales MoM 3.20 0.70 percent May 2026
Home Ownership Rate 65.30 65.70 percent Mar 2026
House Price Index MoM 0.10 -0.10 percent Mar 2026
House Price Index YoY 1.70 1.70 percent Mar 2026
House Price Index 441.50 441.20 points Mar 2026
Housing Starts 1177.00 1392.00 Thousand units May 2026
Housing Starts MoM -15.40 -8.50 percent May 2026
Housing Starts Multi Family 284.00 486.00 Thousand units May 2026
Housing Starts Single Family 882.00 899.00 Thousand units May 2026
MBA Mortgage Market Index 280.10 252.80 points Jun 2026
MBA Mortgage Refinance Index 848.70 736.20 points Jun 2026
MBA Purchase Index 176.90 164.80 points Jun 2026
MBA Mortgage Applications 10.80 -2.50 percent Jun 2026
Mortgage Originations 529.80 524.42 Billion USD Mar 2026
MBA 30-Year Mortgage Rate 6.60 6.57 percent Jun 2026
NAHB Housing Market Index 35.00 37.00 points Jun 2026
Case-Shiller Single Family Home Price Index 331.27 332.00 points Mar 2026
New Home Sales 622.00 663.00 Thousand units Apr 2026
New Home Sales MoM -6.20 3.40 percent Apr 2026
Pending Home Sales YoY 3.20 -1.10 percent Apr 2026
Pending Home Sales MoM 1.40 1.70 percent Apr 2026
Price to Rent Ratio 133.60 133.10 Dec 2024
Residential Property Prices 0.90 1.22 Percent Dec 2025
Existing Home Sales Prices 429300.00 417500.00 USD May 2026
Total Housing Inventory 1550.00 1500.00 Thousands May 2026


United States NAHB Housing Market Index
NAHB/Wells Fargo Housing Market Index (HMI) is based on a monthly survey of home builders. They are asked to rate current sales of single-family homes and sales expectations for the next six months and to rate traffic of prospective buyers. Scores for responses to each component are used to calculate a seasonally adjusted overall index, where a number over 50 indicates more builders view sales conditions as good than poor.
Actual Previous Highest Lowest Dates Unit Frequency
35.00 37.00 90.00 8.00 1985 - 2026 points Monthly
SA

News Stream
US Homebuilder Confidence Weakens in June
The NAHB/Wells Fargo Housing Market Index (HMI), which tracks US homebuilder confidence in the market for newly built single-family homes, fell to 35 in June 2026, down from 37 in May and slightly below market expectations of 36. Within the report, current sales conditions declined by two points to 38, while sales expectations for the next six months remained unchanged at 45. Buyer traffic also held steady at a weak level of 25, signaling persistently soft demand. The survey also highlighted continued reliance on pricing strategies. 35% of builders reported cutting prices in June, up from 32% in May. The average price reduction remained at 6%, unchanged month-over-month. In addition, the use of sales incentives ticked up to 62% from 61%, marking the 15th consecutive month that more than 60% of builders have offered incentives to attract buyers.
2026-06-15
US Homebuilder Sentiment Beats Forecasts
The NAHB/Wells Fargo Housing Market Index in the US, which measures builder confidence in the market for newly built single-family homes, rose to 37 in May 2026 from 34 in April which was its lowest level since September 2025, and came in above forecasts of 35. The current sales conditions rose three points to 40. Sales expectations in the next six months increased three points to 45 and traffic of prospective buyers posted a three-point gain to 25. Also, 32% of builders cut prices in May, down from 36% in April. The average price reduction was 6%, up from the 5% figure in April.
2026-05-18
US Homebuilder Confidence Lowest in 7 Months
The NAHB/Wells Fargo Housing Market Index in the US which measures builder confidence in the market for newly built single-family homes, fell to 34 in APril 2026, the lowest since September 2025 from 38 in MArch and compared to forecasts of 37. Current sales conditions fell four points to 37. Sales expectations in the next six months dropped seven points to 42 and traffic of prospective buyers posted a three-point decline to 22. Meanwhile, 36% of builders cut prices in April, down slightly from 37% in March. The average price reduction was 5%, down from 6% in the previous month. The use of sales incentives was 60%, down from 64% in March, and marking the 13th consecutive month this share has reached 60% or higher.
2026-04-15