National Association of Home Builders (NAHB)

While the NAHB/Wells Fargo Housing Market Index remains low, it rose for the first time since December 2021.

NAHB's latest survey shows 62% of builders are using incentives to bolster sales.

NAHB says the percentage offering deals remains below 2008 levels.

Multifamily units continued to be built at a better rate than single-family homes.

Use of incentives increases as builders try to lure buyers.

Housing Opportunity Index shows just 42% of families earnings median income could afford the homes sold in Q3.