The National Association of Home Builders (NAHB) data from the USA shows that the NAHB/Wells Fargo & Co Housing Market Indices for December, which reflects builder confidence, remains unchanged at 46, which is the same as in November, but slightly lower than the market expectation of 47 due to high home prices and mortgage rates offsetting market optimism regarding improvements in the regulatory business environment in 2025.
The current sales status Indicator is stable at 48, while the potential buyer traffic Indicator decreased by 1 percentage point to 31. On the other hand, future sales expectations have risen to 66, the highest level since April 2022. NAHB Chairman Carl Harris stated that builders expect future regulations to be relaxed after the elections.