#美国房屋建筑商信心指数 2025 December 2023 U.S. Homebuilder Confidence Index released on December 15 by the National Association of Home Builders (NAHB) and Wells Fargo, with the following core information:

1. Core Value: The index rose from 38 in November to 39, marking an eight-month high since April, but it has remained below the breakeven point of 50 for 20 consecutive months, indicating that builders who believe market conditions are poor still outnumber those who are optimistic about the market.

2. Sub-indicator Performance: The current sales conditions index increased by 1 point to 42; the future sales expectations index also rose by 1 point to 52, and this index has been above the breakeven line for three consecutive months; meanwhile, the potential buyer traffic index remains unchanged at 26, still at a low level.

3. Market-Related Situation: In December, 40% of builders chose to reduce prices for promotions, slightly lower than the post-pandemic high of 41% in November, but still at a high level, with an average price reduction of 5% for the month, narrowing from 6% in November; at the same time, 67% of builders introduced sales incentive measures, setting a record high proportion in the post-pandemic period. Builders currently still face issues such as high material prices, elevated regulatory costs, and increased competition due to rising inventory, but recent monetary policy easing is expected to improve the lending environment for builders in early 2026.