According to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder confidence in the market for newly built single-family homes climbed three points to 32 in June 2025 – 3rd lowest since 2012. They say their index has only posted a lower reading two times since 2012. The NAHB has been conducting the monthly survey for more than 35 years with a score of 50 is considered the breakeven point.
“Buyers are increasingly moving to the sidelines due to elevated mortgage rates and tariff and economic uncertainty…To help address affordability concerns and bring hesitant buyers off the fence, a growing number of builders are moving to cut prices.” Said NAHB Chairman Buddy Hughes, a home builder and developer from Lexington, N.C.
Click here to read the full report at the NAHB.
