FX.co ★ US Homebuilder Sentiment Climbs to Six-Month Peak

The NAHB/Wells Fargo Housing Market Index for the United States experienced an increase, reaching a level of 37 in October 2025. This marks the highest point in six months, compared to a steady 32 reported in each of the previous two months, and it surpasses the anticipated figure of 33. The current sales conditions indicator rose by four points, reaching 38. Meanwhile, sales expectations for the upcoming six months surged by nine points to 54. Additionally, the measure for prospective buyer traffic saw a four-point increase, climbing to 25. However, despite this positive trend, the survey highlighted ongoing difficulties within the housing market as 38% of builders reported reducing prices in October. The average price cut also escalated to 6% this month from the previous average of 5% maintained over several months. The last occurrence of builders implementing a 6% price reduction was in October 2024. Furthermore, the use of sales incentives remained consistent at 65% in October, mirroring the rate observed in September.