{"id":1105,"date":"2025-04-18T13:26:02","date_gmt":"2025-04-18T13:26:02","guid":{"rendered":"https:\/\/finzexpert.com\/blog\/dont-read-too-much-into-builder-confidence-yet\/"},"modified":"2025-04-18T13:26:02","modified_gmt":"2025-04-18T13:26:02","slug":"dont-read-too-much-into-builder-confidence-yet","status":"publish","type":"post","link":"https:\/\/finzexpert.com\/blog\/dont-read-too-much-into-builder-confidence-yet\/","title":{"rendered":"Don&#8217;t Read Too Much Into Builder Confidence (Yet)"},"content":{"rendered":"\n<div>\n<p>The National Association of Homebuilders (NAHB) and Wells Fargo publish the Housing Market Index (HMI) each month, otherwise known simply as &#8220;builder confidence.&#8221;\u00a0 This month&#8217;s index came out at the 2nd lowest level since late 2023. While that might sound dramatic, it&#8217;s very much in line with the prevailing trend for this report.<\/p>\n<p><\/p>\n<p>And while the chart above may make it seem like confidence is in the gutter, it&#8217;s really only about halfway in the gutter in the bigger picture.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/a.mortgagenewsdaily.com\/assets\/68015ee52f107a2ecb986884\/68015ee52f107a2ecb986884.png\" width=\"650\" height=\"423\" alt=\"\"\/><\/p>\n<p>There were some interesting details inside the report. Specifically, 60% of builders said that tariffs were already impacting prices or leading to announcement of impending price increases from some suppliers.\u00a0 The NAHB notes that tariff-related price increases currently average 6.3%, or $10,900 on an average home.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The National Association of Homebuilders (NAHB) and Wells Fargo publish the Housing Market Index (HMI) each month, otherwise known simply as &#8220;builder confidence.&#8221;\u00a0 This month&#8217;s index came out at the 2nd lowest level since late 2023. While that might sound dramatic, it&#8217;s very much in line with the prevailing trend for this report. And while [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[866,156,235,865],"class_list":["post-1105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan","tag-builder","tag-confidence","tag-dont","tag-read"],"_links":{"self":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/1105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/comments?post=1105"}],"version-history":[{"count":0,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/1105\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media\/1106"}],"wp:attachment":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media?parent=1105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/categories?post=1105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/tags?post=1105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}