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

Lumber prices finally drop and the stockpilers prepare to sell

After soaring lumber prices fueled conspiracy theories this spring, and challenged homebuilders faced with an inventory shortage, prices are starting to come down. Continue reading

Builder confidence dips slightly in June — to lowest level since August

The Housing Market Index dropped to 81 in June, down from 83 the previous month, according to the National Association of Home Builders and Wells Fargo. 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