The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index, which reflects the confidence of U.S. home builders, rose 1 point to 39 in December, the highest level since April. However, the index has remained below the breakeven point of 50 for 20 consecutive months.
NAHB also mentioned that economic uncertainty and potential buyers holding back due to affordability issues are both drag factors. The rise in the index aligns with economists' expectations

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index, which reflects the confidence of U.S. home builders, rose 1 point to 39 in December, the highest level since April. However, the index has remained below the breakeven point of 50 for 20 consecutive months. The NAHB also mentioned that economic uncertainty and potential buyers holding back due to affordability issues are contributing factors. The rise in the index aligns with economists' expectations

The December NAHB Housing Market Index in the United States rose to 39, reaching an eight-month high