NAHB members; Index can range from 0 to 100, 50 is a midpoint between positive and negative responses, with figures over 50 indicating a generally positive sentimes whereas an index below 50 is generally negative.
Method of interview
Panel survey
Supplementary notes
Annual figures calculated by ÌÇÐÄÆÆ½â°æ using monthly data from NAHB.
The NAHB/Wells Fargo HMI is a weighted average of three separate component indices: Present Single-Family Sales, Single-Family Sales for the Next Six Months, and Traffic of Prospective Buyers.
Lower values indicate lower confidence levels on the outlook for housing, while higher figures indicate higher confidence levels by the builders.
Citation formats
Monthly homebuilder sentiment in the U.S. 2000-Q1 2025
As of the first quarter of 2025, the sentiment of most homebuilders in the U.S. was negative. That index has remained stable since 2023. That was according to a monthly index that measures the sentiment among home builders in the United States. The index reflected a negative mood in the housing industry, as the sentiment was below ** percent in the past years.
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ÌÇÐÄÆÆ½â°æ. (March 27, 2025). Sentiment in the single-family construction market in the United States from 2000 to 1st quarter 2025 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 24, 2026, from /statistics/1240495/single-family-homebuilder-sentiment-usa/
ÌÇÐÄÆÆ½â°æ. "Sentiment in the single-family construction market in the United States from 2000 to 1st quarter 2025." Chart. March 27, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 24, 2026. /statistics/1240495/single-family-homebuilder-sentiment-usa/
ÌÇÐÄÆÆ½â°æ. (2025). Sentiment in the single-family construction market in the United States from 2000 to 1st quarter 2025. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 24, 2026. /statistics/1240495/single-family-homebuilder-sentiment-usa/
ÌÇÐÄÆÆ½â°æ. "Sentiment in The Single-family Construction Market in The United States from 2000 to 1st Quarter 2025." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 27 Mar 2025, /statistics/1240495/single-family-homebuilder-sentiment-usa/
ÌÇÐÄÆÆ½â°æ, Sentiment in the single-family construction market in the United States from 2000 to 1st quarter 2025 ÌÇÐÄÆÆ½â°æ, /statistics/1240495/single-family-homebuilder-sentiment-usa/ (last visited July 24, 2026)
Sentiment in the single-family construction market in the United States from 2000 to 1st quarter 2025 [Graph], ÌÇÐÄÆÆ½â°æ, March 27, 2025. [Online]. Available: /statistics/1240495/single-family-homebuilder-sentiment-usa/