Builder Confidence Remains Steady in February

The last three monthly readings on the NAHB/Wells Fargo Housing Market Index are the highest sentiment levels since December 2017.

Builder confidence in the market for single-family homes dipped down one point to 74 in February, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index. The last three readings on the HMI mark the highest builder sentiment levels since December 2017, according to the NAHB’s Eye on Housing blog.