<div id="readability-page-1" class="page"><div> By Jessica Coacci Confidence among U.S. home builders improved in May but still remains in negative territory amid rising mortgage rates, elevated costs and economic uncertainty tied to the war in Iran. Here are the main takeaways from the National Association of Home Builders' latest report released Monday: The NAHB/Wells Fargo Housing Market Index, a gauge of builder confidence in the market for newly built single family housing, increased to 37 in May from 34 in April. Economists polled by The Wall Street Journal expected a reading of 34. The reading below 50 means builder perceptions of current sales and sales expectations are net negative. &#34;The housing market remains soft as higher mortgage rates, rising gas prices and economic uncertainty related to the war in Iran continue to dampen buyer demand,&#34; said NAHB Chairman Bill Owens, a home builder and remodeler from Worthington, Ohio. The latest HMI survey also revealed that 32% of builders cut prices in May, down from 36% in April. The average price reduction was 6%, up from the 5% figure in April. The use of sales incentives was 61% in May, up slightly from 60% in April, and marking the 14th consecutive month this share has reached 60% or higher. &#34;However, efforts in the House to modify the 21st Century ROAD to Housing Act could increase the nation's housing supply and help ease builder concerns,&#34; Owens added. All three of the major HMI indices posted gains in May, as some buyers who had been holding back decided to move forward this spring, the survey said. Write to Jessica Coacci at jessica.coacci@wsj.com <pre></pre> (END) Dow Jones Newswires May 18, 2026 10:14 ET (14:14 GMT)Copyright (c) 2026 Dow Jones &amp; Company, Inc.</div></div>

美國房產主題 ETF - SPDR

房屋 ETF - Hoya

美國房地產 ETF - Vanguard

房地產指數 ETF - iShares 道瓊斯

美國房產建設 ETF - iShares

南方中證全指房地產ETF

美國房地產 ETF - SPDR

住宅房地產股 ETF - iShares

美國房產建築 - PowerShares

住房建設 3 倍做多 ETF - Direxion

美國建築商信心在 5 月份有所改善，NAHB/富國銀行住房市場指數從 34 上升至 37。儘管如此，由於高抵押貸款利率和伊朗戰爭帶來的經濟不確定性，信心仍然處於負面狀態。32% 的建築商降低了價格，平均降幅為 6%。61% 的建築商使用了銷售激勵措施。修改住房立法的努力可能有助於增加供應並緩解建築商的擔憂

U.S. Builder Sentiment Improved in May But Affordability Challenges Persist

MorningStar

富國銀行

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A DD

WELLS FARGO & COMPANY 7.5% PERP CONV PRF CLS 'A' SERIES 'L'

WELLS FARGO & COMPANY DEP SHS REP 1/1000 INT PER PFD SER Y A

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A CC

WELLS FARGO & COMPANY 4.75% DEP SHS 1/1000 NCUM PFD CL A SR Z

WELLS FARGO & COMPANY DEP SHS REP 1/1000TH INT PFD SR AA (CLA)

美國建築商的信心在五月有所提升，但住房可負擔性的問題依然存在