Tuesday, February 17, 2015

NAHB/Wells Fargo Home Builder Sentiment: February 2015

Today, the National Association of Home Builders (NAHB) released their latest Housing Market Index (HMI) showing that overall assessments of housing activity declined in February with the composite HMI index falling to 55 while the "buyer traffic" index declined to a level of 39 from 44 in the prior month.

Overall, conditions for new home construction appear to have softened some recently and still remain below the peak assessments see prior to the Great Recession.