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Why American Builders Remain Confident about the Housing Industry

Ricky Cove
Why American Builders Remain Confident about the Housing Industry

The National Association of Home Builders (or NAHB) is an association of 700 state and local associations of homebuilders (REM), real estate sales and marketing professionals, and remodelers. The NAHB conducts a monthly survey of its members, and based on this survey, the association publishes a report that includes the housing market index (or HMI). The survey asks respondents to rate the current conditions and expected conditions in the next six months as “good,” “fair,” or “poor” and mostly relates to the single-family housing (ITB) market.