Homebuilder confidence falls to lowest level since August

Jun 15, 2021 |

Homebuilder confidence fell to its lowest level since August 2020, according to the latest National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI) report. Rising material prices and supply chain shortages — specifically, the declining availability of softwood lumber and other building materials — contributed to confidence falling two points to 81 for newly built single-family […more]

Posted in: San Francisco

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