Elevated mortgage rates drive homebuilder confidence downward

Homebuilders exhibited little optimism as the housing market showed little improvement month-to-month, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. Continue reading

Housing starts dip modestly in October amid supply chain issues

Privately owned housing starts dipped 0.7 percent in October while single-family housing starts dropped 3.9 percent, according to U.S. Census Bureau residential construction data Continue reading