eyeonhousing.org
Affordability Pressures Keep Builder Confidence Low β Eye On Housing
Builder sentiment remains muted from economic and geopolitical uncertainty, elevated mortgage rates and rising construction costs. Builder confidence in the market for newly built single-family homes inched up one point to 35 in August, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). August marked the 16th straight month thatβ¦
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