A new report on Realtor.com shares the results of the Fall 2023 Wall Street Journal/Realtor.com Emerging Housing Markets Index, highlighting the top 20 emerging markets for the season.
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) rose five points in June 2023 to 55, lifting builder confidence into positive territory, thanks to solid buyer demand, lack of inventory, and improved supply chain efficiency.
The NAHB/Wells Fargo Housing Market Index (HMI) rose two points to 44, marking the third consecutive monthly increase in homebuilder sentiment levels.
Homebuilder sentiment dropped another eight points in October to 38, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). \
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