Builder confidence soars as demand overshadows supply chain issues

Despite shortages of materials, lots and labor, consumer demand beat expectations, according to the National Association of Home Builders/Wells Fargo Housing Market Index. Continue reading

Builder confidence curbed in July by continued supply-side roadblocks

Labor shortages, regulatory costs and high costs of materials continued to dampen builder confidence, but strong buyer demand helped moderately temper those challenges in July, according to a new report. Continue reading

Builder confidence hits yearly high in September

The National Association of Home Builders’ monthly measure of market conditions reached its highest point in 2019 and the highest point since October. Continue reading

Builder confidence rises due to falling mortgage rates

Builder confidence for newly-built single family homes is rising due to falling mortgages, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The HMI rose two points in January to 58 on an index… Continue reading

Builder confidence hits lowest level in more than 3 years

Builder confidence amid affordability concerns dropped to its lowest level since the spring of 2015, according to the Wells Fargo Housing Market Index. Continue reading