US Home Builders Anticipate Steady Opportunities Ahead

The National Association of Home Builders Housing Market Index fell to 36 in February.
Six-month sales expectations dropped to 46, while buyer traffic slipped to 22.
Builders cutting prices declined to 36%, down from 40% in prior months.
65% of builders still used incentives, but fewer expect major buyer hurdles in 2026.
The Mortgage Bankers Association estimates ~684K new-home sales in 2025, nearly flat yearly.