Affordability Challenges Keep Builder Confidence in Negative Territory

Continuing challenges to affordability—namely higher construction and financing costs—once again kept builder confidence in the negative territory, according to the latest data from the National Association of Home Builders (NAHB). The latest NAHB/Wells Fargo Housing Market Index (HMI) saw builder confidence slip one point to 36 in February, following the two-point fall seen in January…

The post Affordability Challenges Keep Builder Confidence in Negative Territory appeared first on RISMedia.

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