Homebuilder Confidence Improves Slightly but Remains in Negative Territory: NAHB Report

Construction input prices have risen for the third consecutive month in March, putting pressure on real estate developers.

Construction workers install a roof at a new home build in Laveen, Ariz., on April 1, 2025. Ross D. Franklin/AP Photo

U.S. builder confidence for newly built single-family homes rose in April but remained in the negative domain amid concerns about tariffs and rising raw material costs, the National Association of Home Builders (NAHB) said in an April 16 statement.

The NAHB’s Housing Market Index increased by 1 point from March to hit the 40 level in April. A reading of less than 50 indicates lower optimism among builders about the current and near-term housing outlook.