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. source: National Association of Home Builders

Nahb Housing Market Index in the United States decreased to 34 points in April from 38 points in March of 2026. Nahb Housing Market Index in the United States averaged 51.32 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 May of 2026.

Nahb Housing Market Index in the United States decreased to 34 points in April from 38 points in March 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
2026-03-16 02:00 PM
NAHB Housing Market Index
Mar 38 37 37 36
2026-04-15 02:00 PM
NAHB Housing Market Index
Apr 34 38 37 37
2026-05-18 02:00 PM
NAHB Housing Market Index
May 34


Related Last Previous Unit Reference
15-Year Mortgage Rate 5.64 5.58 percent Apr 2026
30-Year Mortgage Rate 6.30 6.23 percent Apr 2026
Average House Prices 499500.00 530900.00 USD Jan 2026
Average Mortgage Size 385.51 380.61 Thousand USD Jan 2026
Building Permits 1372.00 1538.00 Thousand Mar 2026
Building Permits MoM -10.80 10.90 percent Mar 2026
Case-Shiller Home Price Index 338.15 336.66 points Feb 2026
Case-Shiller Home Price Index MoM 0.40 -0.10 percent Feb 2026
Case-Shiller Home Price Index YoY 0.90 1.20 percent Feb 2026
Construction Spending MoM -0.30 0.80 percent Jan 2026
Existing Home Sales 3980.00 4130.00 Thousand Mar 2026
Existing Home Sales MoM -3.60 2.70 percent Mar 2026
Home Ownership Rate 65.30 65.70 percent Mar 2026
House Price Index MoM 0.00 0.20 percent Feb 2026
House Price Index YoY 1.70 1.80 percent Feb 2026
House Price Index 441.40 441.50 points Feb 2026
Housing Starts 1502.00 1356.00 Thousand units Mar 2026
Housing Starts MoM 10.80 -3.00 percent Mar 2026
Housing Starts Multi Family 446.00 407.00 Thousand units Mar 2026
Housing Starts Single Family 1032.00 941.00 Thousand units Mar 2026
MBA Mortgage Market Index 298.50 303.30 points Apr 2026
MBA Mortgage Refinance Index 977.90 1023.10 points Apr 2026
MBA Purchase Index 177.70 175.60 points Apr 2026
MBA Mortgage Applications -1.60 7.90 percent Apr 2026
Mortgage Originations 524.42 512.15 Billion USD Dec 2025
MBA 30-Year Mortgage Rate 6.37 6.35 percent Apr 2026
NAHB Housing Market Index 34.00 38.00 points Apr 2026
Case-Shiller Single Family Home Price Index 332.10 331.80 points Feb 2026
New Home Sales 587.00 712.00 Thousand units Jan 2026
New Home Sales MoM -17.60 -6.80 percent Jan 2026
Pending Home Sales YoY -1.10 -0.80 percent Mar 2026
Pending Home Sales MoM 1.50 2.50 percent Mar 2026
Price to Rent Ratio 133.60 133.10 Dec 2024
Residential Property Prices 1.22 1.78 Percent Sep 2025
Existing Home Sales Prices 408800.00 398000.00 USD Mar 2026
Total Housing Inventory 1360.00 1290.00 Thousands Mar 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
34.00 38.00 90.00 8.00 1985 - 2026 points Monthly
SA

News Stream
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
US Homebuilder Sentiment Edges Up
The NAHB/Wells Fargo Housing Market Index in the US edged up to 38 in March 2026 from 37 in each of the previous two months, compared to forecasts of 37. Current sales conditions increased one point to 42. Sales expectations in the next six months gained two points to 49 and traffic of prospective buyers posted a three-point increase to 25. Also, 37% of builders cut prices in March, up slightly from 36% in February. The average price reduction remained stable at 6%. The use of sales incentives was 64% in March, down one percentage point from February, and marking the 12th consecutive month this share has exceeded 60%. "Many buyers remain on the fence waiting for lower interest rates and due to economic uncertainty. Builders are facing elevated land, labor and construction costs and nearly two-thirds continue to offer sales incentives in a bid to firm up the market", said NAHB Chairman Bill Owens.
2026-03-16
US Homebuilder Sentiment Weakens to 5-Month Low
The NAHB/Wells Fargo Housing Market Index eased to 36 in February of 2026 from 37 in the previous month, contrasting slightly with market expectations that it would improve to 38. It was the softest reading in five months, reflecting continued challenges in the US housing market. Builder sentiment deteriorated across most components of the index, with sales expectations in the next six months dropping by three points to 46, while the traffic of positive buyers dropped two points to 22. In turn, current sales conditions remained unchanged 41. Th survey reported that 36% of builders cut prices in the period, 4 percentage points below the ratio in January.
2026-02-17