Tag: Home Affordability

  • Builder confidence stumbles as market conditions shift

    Builder confidence stumbles as market conditions shift

    Market headwinds are taking their toll on builder sentiment. Increasing mortgage rates, labor shortages and continued material challenges are proving to be roadblocks to home construction this summer, and homebuilders are feeling the effects. The National Association of Home Builders’ (NAHB) monthly confidence index reported a nearly record-level drop in sentiment in July. The index… Read More