Builder Confidence Higher in March but Future Outlook Uncertain
Although high construction costs and elevated interest rates continue to hamper housing affordability, builders expressed cautious optimism in March as a lack of existing inventory is shifting demand to the new home market. Builder confidence in the market for...
Builder Confidence Snaps 12-Month Lull in January Despite ‘Bearish’ Sentiment
Homebuilders entered 2023 on a high note as new data from the National Association of Home Builders (NAHB) shows that the modest declines in interest rates helped snap a 12-month lull in sentiment. In its latest NAHB/Wells Fargo Housing Market Index (HMI), the index...
Reflecting a Weakening Housing Market, Builder Confidence Declines Again in December
High mortgage rates, elevated construction costs running well above the inflation rate and flagging consumer demand due to deteriorating affordability conditions have dragged builder sentiment down every month in 2022. Builder confidence in the market for newly built...
Builder Confidence Declines for 11th Consecutive Month as Housing Weakness Continues
Builder confidence in the market for newly built single-family homes dropped five points to 33, its 11th straight monthly decline, according to a new report from the National Association of Home Builders (NAHB) and Wells Fargo. The NAHB/Wells Fargo Housing Market...
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
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