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<p>全国住宅建筑商协会周一发布的一份报告显示，美国建筑商信心在 12 月份略有改善。</p>
<p>报告称，NAHB/富国银行住房市场指数在 12 月份小幅上升至 39，此前 11 月份为 38。这一上升与经济学家的预期相符，使该指数达到了自 4 月份以来的最高水平，当时该指数为 40。</p>
<p>尽管有所小幅上升，NAHB 指出，2025 年每个月的情绪水平均低于 50 的盈亏平衡点。</p>
<p>NAHB 主席巴迪·休斯表示：“市场条件仍然具有挑战性，三分之二的建筑商报告称他们正在提供激励措施以促使买家做出决定。”</p>
<p>他补充道：“与此同时，建筑商面临着材料和劳动力价格上涨的问题，关税对建筑成本产生了严重影响。”</p>
<p>这一主要指数的上升与未来销售指数和当前销售状况指数均小幅上升一分至 52 和 42 相对应，而衡量潜在买家流量的指标保持在 26 不变。</p>
<p>NAHB 表示，最新的 HMI 调查还显示，40% 的建筑商在 12 月份报告降价，这是连续第二个月该比例达到 40% 或更高。</p>
<p>报告称，12 月份的平均降价为 5%，低于 11 月份的 6%，而销售激励措施的使用在 12 月份达到了 67%，为疫情后最高水平。</p>
<p>NAHB 首席经济学家罗伯特·迪茨表示：“市场出现积极迹象，建筑商报告未来销售预期在过去三个月中均高于关键盈亏平衡水平 50，而最近货币政策的放松应有助于 2026 年初建筑商的贷款条件。”</p>
<p>他补充道：“然而，建筑商仍面临供应方面的阻力，因为监管成本和材料价格依然顽固地高企。库存的增加也加剧了新建住宅的竞争。”</p>
<p>如有意见和反馈，请联系：editorial@rttnews.com</p>
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<p>美国房屋建筑商的信心在 12 月份略有改善，NAHB/富国银行住房市场指数从 11 月份的 38 上升至 39，符合经济学家的预期。尽管有所上升，但信心仍低于 50 的平衡点。建筑商面临材料和劳动力成本上升的挑战，40% 的建筑商报告削减了价格。未来销售预期在过去三个月中均高于 50，宽松的货币政策可能有助于 2026 年建筑商的贷款条件</p>

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</div><p>The National Association of Home Builders released a report on Monday showing a modest improvement by U.S. homebuilder confidence in the month of December.</p>
<div class="lb-trans"><p>全国住宅建筑商协会周一发布的一份报告显示，美国建筑商信心在 12 月份略有改善。</p>
</div><p>The report said the NAHB/Wells Fargo Housing Market Index crept up to 39 in December after inching up to 38 in November. The uptick, which matched economist estimates, lifted the index to its highest level since hitting 40 in April.</p>
<div class="lb-trans"><p>报告称，NAHB/富国银行住房市场指数在 12 月份小幅上升至 39，此前 11 月份为 38。这一上升与经济学家的预期相符，使该指数达到了自 4 月份以来的最高水平，当时该指数为 40。</p>
</div><p>Despite the modest increase, the NAHB noted sentiment levels were below the breakeven point of 50 every month in 2025.</p>
<div class="lb-trans"><p>尽管有所小幅上升，NAHB 指出，2025 年每个月的情绪水平均低于 50 的盈亏平衡点。</p>
</div><p>&#34;Market conditions remain challenging with two-thirds of builders reporting they are offering incentives to move buyers off the fence,&#34; said NAHB Chairman Buddy Hughes.</p>
<div class="lb-trans"><p>NAHB 主席巴迪·休斯表示：“市场条件仍然具有挑战性，三分之二的建筑商报告称他们正在提供激励措施以促使买家做出决定。”</p>
</div><p>He added, &#34;Meanwhile, builders are contending with rising material and labor prices, as tariffs are having serious repercussions on construction costs.&#34;</p>
<div class="lb-trans"><p>他补充道：“与此同时，建筑商面临着材料和劳动力价格上涨的问题，关税对建筑成本产生了严重影响。”</p>
</div><p>The uptick by the headline index came as the index measuring future sales and the index gauging current sales conditions both inched up by one point to 52 and 42, respectively, while the gauge charting traffic of prospective buyers held steady at 26.</p>
<div class="lb-trans"><p>这一主要指数的上升与未来销售指数和当前销售状况指数均小幅上升一分至 52 和 42 相对应，而衡量潜在买家流量的指标保持在 26 不变。</p>
</div><p>The NAHB said the latest HMI survey also revealed that 40 percent of builders reported cutting prices in December, marking the second consecutive month the share has been at 40 percent or higher.</p>
<div class="lb-trans"><p>NAHB 表示，最新的 HMI 调查还显示，40% 的建筑商在 12 月份报告降价，这是连续第二个月该比例达到 40% 或更高。</p>
</div><p>The average price reduction was 5 percent in December, down from 6 percent in November, the report said, while the use of sales incentives was 67 percent in December, the highest in the post-Covid period.</p>
<div class="lb-trans"><p>报告称，12 月份的平均降价为 5%，低于 11 月份的 6%，而销售激励措施的使用在 12 月份达到了 67%，为疫情后最高水平。</p>
</div><p>&#34;In positive signs for the market, builders report that future sales expectations have been above the key breakeven level of 50 for the past three months and the recent easing of monetary policy should help builder loan conditions at the start of 2026,&#34; said NAHB Chief Economist Robert Dietz.</p>
<div class="lb-trans"><p>NAHB 首席经济学家罗伯特·迪茨表示：“市场出现积极迹象，建筑商报告未来销售预期在过去三个月中均高于关键盈亏平衡水平 50，而最近货币政策的放松应有助于 2026 年初建筑商的贷款条件。”</p>
</div><p>He added, &#34;However, builders continue to face supply-side headwinds, as regulatory costs and material prices remain stubbornly high. Rising inventory also has increased competition for newly built homes.&#34;</p>
<div class="lb-trans"><p>他补充道：“然而，建筑商仍面临供应方面的阻力，因为监管成本和材料价格依然顽固地高企。库存的增加也加剧了新建住宅的竞争。”</p>
</div><p>For comments and feedback contact: editorial@rttnews.com</p>
<div class="lb-trans"><p>如有意见和反馈，请联系：editorial@rttnews.com</p>
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美国房屋建筑商信心指数在 12 月小幅上升，符合市场预期