FX.co ★ US Homebuilder Sentiment Edges Up from 2022-Lows

In July 2025, the NAHB/Wells Fargo Housing Market Index in the US saw a slight rise to 33, up from 32 in June, which represented the lowest point since December 2022 and was in line with market projections. According to NAHB Chairman Buddy Hughes, "The enactment of the One Big Beautiful Bill Act has delivered several significant advantages for households, home builders, and small businesses. Although this new legislation is expected to boost economic momentum following a lackluster spring, the housing sector has faced challenges in 2025 due to affordability issues, largely driven by high interest rates." Notably, 38% of builders reported reducing prices in July, marking the highest percentage since the NAHB began monthly tracking of this data in 2022. Concurrently, current sales conditions improved by one point, reaching 36, and sales expectations for the upcoming six months rose by three points to 43. Conversely, the traffic of prospective buyers saw a decrease, slipping by one point to 20.