All three HMI components posted losses in June but remain at healthy levels.
June 26, 2017
Builder confidence in the market for newly built single-family homes weakened slightly in June, down two points to a level of 67 from a downwardly revised May reading of 69 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Multi-family starts fell 9.2% to a seasonally adjusted annual rate of 337,000 units, while single-family production remained essentially unchanged.
May 25, 2017
Nationwide housing starts fell 2.6% in April to a seasonally adjusted annual rate of 1.17 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.