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Key Points:
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index tracks builder sentiment regarding current conditions and sales expectations over the next six months.
- In October, the six months sales expectation index exceeded 50 – the threshold indicating a net positive outlook across respondents – for the first time since January 2025.
NAHB/ Wells Fargo Housing Market Index
The Congressional Budget Office (CBO) updated its immigration projections to reflect the impact of new policies since January.
- The CBO now expects a 4.5M increase in cumulative net immigration from 2025 through 2030 vs 8.0M in its January projection.
Net Immigration by Year: CBO Projections
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