Builder confidence continues its downward spiral: NAHBBrooklee HanHousingWire
Homebuilder confidence continued to decline in August as builders contend with a lack of consumer affordability that is tied to stubbornly high interest rates and home prices. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) fell two points month over month to a reading of 39 in August. This…
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