Builder confidence sinks to 29, its lowest since 2012; 43% of builders cut prices
National Association of Home Builders (NAHB) / Wells Fargo Housing Market Index (HMI) · Oct 19, 2026 · 0 views · Construction
The National Association of Home Builders (NAHB) index fell three points to 29 in October, the lowest since June 2012. Builders cited loan, material, diesel and labor costs. 43% cut prices, the most since 2020. Why it matters for operators: Builder price cuts compete with your resale, and the same cost pressure hits rehab budgets. Re-quote contractors before you offer.
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