The NAHB/Wells Fargo Housing Market Index (HMI), which tracks US homebuilder confidence in the market for newly built single-family homes, edged down to 34 in July 2026 from 36 in June and below forecasts of 35. Current sales conditions fell one point to 37. Sales expectations in the next six months dropped two points to 43 and the gauge for traffic of prospective buyers posted a two-point decline to 23. Meanwhile, there were signs of market cooling. 37% of builders cut prices in July, up from 35% in June and 32% in May. The average price reduction was 6% in July, the same rate as the previous month. The use of sales incentives was 63%, up slightly from 62% in June, and marking the 16th consecutive month this share has reached 60% or higher. source: National Association of Home Builders
Nahb Housing Market Index in the United States decreased to 34 points in July from 36 points in June of 2026. Nahb Housing Market Index in the United States averaged 51.22 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 August of 2026.
Nahb Housing Market Index in the United States decreased to 34 points in July from 36 points in June of 2026. Nahb Housing Market Index in the United States is expected to be 42.00 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.