US Homebuilder Sentiment Hits 8-Month High, Still Subdued

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The NAHB/Wells Fargo Housing Market Index in the US inched up to 39 in December 2025, the highest in eight months, from 38 in November, compared to forecasts of 38.Still, the index stayed below the 50 threshold for the 20th consecutive month, as builders contend with higher construction costs, economic and tariff risks, and muted buyer demand due to affordability concerns.Current sales conditions edged up one point to 42, the index measuring future sales rose one point to 52 and the gauge charting traffic of prospective buyers held steady at 26.

The NAHB/Wells Fargo Housing Market Index in the US inched up to 39 in December 2025, the highest in eight months, from 38 in November, compared to forecasts of 38.

Still, the index stayed below the 50 threshold for the 20th consecutive month, as builders contend with higher construction costs, economic and tariff risks, and muted buyer demand due to affordability concerns.

Current sales conditions edged up one point to 42, the index measuring future sales rose one point to 52 and the gauge charting traffic of prospective buyers held steady at 26.

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