NAHB

Homebuilders are growing more confident in the market for newly built single-family homes as demand grows. At the same time, mortgage companies are streamlining the new construction loan process, suggesting they, too, see value in the market.

Houses selling well at lower price points are likely to encourage the creation of more entry-level homes, according to a new report by the National Association of Home Builders and Wells Fargo.

Sentiment among homebuilders held steady in March, sustaining a rebound from a recent three-year low on improvement in sales and a brighter outlook for the next six months.

As housing starts gradually rise, the proportion of homes getting built outside of metropolitan areas is declining due to fewer jobs there to support them.

Sentiment among homebuilders rose in February for a second month, exceeding all forecasts, as lower mortgage rates and a strong labor market help stabilize demand.

The share of home shoppers planning on buying a house within a year tanked in the fourth quarter, and those who are searching blame affordability struggles for their setbacks, according to the National Association of Home Builders.

Homebuilders are growing confident in 55+ communities, which could suggest more movement in the housing market at a time when homeowners continue aging in place.

Sentiment among homebuilders rose for the first time in three months amid a decline in borrowing costs, a sign that housing may stabilize in the year ahead even as the industry remains in a broad slowdown.

Anticipated increases in 2019 mortgage rates also come with an expected 1 million households eliminated from affording the median-priced new home with every hike of 25 basis points, according to the National Association of Home Builders.

Sentiment among homebuilders fell in December to the lowest level since 2015, missing all forecasts and signaling that the industry's struggles are intensifying amid elevated prices and higher borrowing costs.