US homebuilder sentiment improves modestly; HMI up 1 point to 35
WFC Wells Fargo & Co
$88.82 +0.81%
View chart & analysis → - 1US homebuilder sentiment improved slightly this month, with the HMI rising 1 point to 35
- 2The NAHB/Wells Fargo index has been below 50 since May 2024 and below 40 for 16 straight months
- 3With construction and borrowing costs weighing, 63% of builders used sales incentives again in August
This 3-line summary is compiled from the report below.
Bloomberg View original ↗
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