U.S. National Association of Home Builders

The National Association of Home Builders is a Washington, D.C.-based trade association representing more than 140,000 members involved in home building, remodeling, multifamily construction, property management, subcontracting, design, housing finance, building product manufacturing and other aspects of residential and light commercial construction.

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    • Housing Market Index from NAHB/Wells Fargo
      April 2024
      Source: U.S. National Association of Home Builders
      Uploaded by: Saravanan Subramanian
      Accessed On: 19 April, 2024
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      The NAHB/Wells Fargo Housing Market Index (HMI) is based on a monthly survey of NAHB members designed to take the pulse of the single-family housing market. The survey asks respondents to rate market conditions for the sale of new homes at the present time and in the next six months as well as the traffic of prospective buyers of new homes.
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    • National Association of Home Builders and Wells Fargo: Housing Opportunity Index
      February 2024
      Source: U.S. National Association of Home Builders
      Uploaded by: Knoema
      Accessed On: 09 February, 2024
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      The NAHB/Wells Fargo Housing Opportunity Index (HOI) for a given area is defined as the share of homes sold in that area that would have been affordable to a family earning the local median income, based on standard mortgage underwriting criteria. Therefore, there are really two major components : income and housing cost. In all, just 38.1% of new and existing homes sold between the beginning of October and end of December were affordable to families earning the U.S. median income of $90,000. This marks the third straight quarterly record low for housing affordability since the Great Recession, trailing the previous mark of 42.2% in the third quarter and 42.8% set in the second quarter.