Home Builder Confidence Improves Following Passage of Trump’s Megabill

Confidence among home builders regarding future sales expectations increased this month after President Donald Trump signed the One Big Beautiful Bill Act (OBBB) , the National Association of Home Builders (NAHB) said in a July 17 statement.

The NAHB/ Wells Fargo Housing Market Index (HMI), which tracks and gauges the pulse of the single-family housing market, rose by one point from June to hit the 33 level in July, said the statement.