Builder confidence curbed in July by continued supply-side roadblocks

Builder confidence declined by one point to 80 in July, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), released on Monday. Labor shortages, regulatory costs and high costs of materials continued to dampen builder confidence, but strong buyer demand helped moderately temper those challenges in July. The NAHB noted … Read more

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