Builder Sentiment Remains Weak Amid Affordability Concerns

Builder sentiment remains subdued as rising material costs, elevated mortgage rates and ongoing affordability challenges continue to strain the housing market. Builder confidence in the market for newly built single-family homes fell two points to 35 in June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released June 15.…

The post Builder Sentiment Remains Weak Amid Affordability Concerns appeared first on RISMedia.

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