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U.S. homebuilder confidence dropped to 37 in January 2026, below the 50 breakeven point, due to affordability issues, high mortgage rates, and weak buyer demand.
U.S. homebuilder confidence fell to 37 in January 2026, below expectations and the 50 breakeven point for the first time since September, driven by affordability challenges, high mortgage rates, and weak buyer traffic.
The future sales index dropped to 49, current sales conditions edged down to 41, and prospective buyer traffic fell to 23.
Builders cited high home prices, downpayment burdens, labor shortages, limited land, and rising costs as key obstacles, with the lower and mid-range markets most affected.
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La confianza de los constructores de viviendas estadounidenses cayó a 37 en enero de 2026, por debajo del punto de equilibrio de 50, debido a problemas de asequibilidad, altas tasas hipotecarias y débil demanda de los compradores.