États-Unis Indice du marché de logement NAHB

The NAHB/Wells Fargo Housing Market Index fell to 37.0 in January 2026, down from 39.0 in December and below market expectations of 40.0. This marked the weakest reading in three months, signaling continued challenges in the US housing market. Builder sentiment deteriorated across all components of the index. Current sales conditions edged down by one point to 41, while sales expectations for the next six months declined three points to 49. Traffic of prospective buyers also weakened, falling three points to 23. The survey further showed that 40% of builders reported cutting prices in January, unchanged from December and marking the third consecutive month in which the share remained at 40% or higher, the highest level since May 2020. The average price reduction increased to 6%, up from 5% in December. Meanwhile, the use of sales incentives rose to 65%, extending a streak of 10 consecutive months above the 60% threshold.