In July, builder confidence in the market for newly built single-family homes was 33, up one point from June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Builder confidence for future sales expectations increased …
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Builder Confidence Remains Low Amid Tariff Concerns and Rising Costs
Increased economic uncertainty due to tariff concerns and high building material costs has kept builder sentiment low, according to the National Association of Home Builders (NAHB) and the Wells Fargo Housing Market Index (HMI). “The recent dip in mortgage rates …
Read More »Homebuilder Confidence Remains High
Despite concerns over inflation, supply-chain disruptions and an ongoing labor shortage, homebuilder confidence remains high, according to CNBC. Builders continue to benefit from a low supply of existing homes for sale and housing demand remains strong even during the slow …
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