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Labor shortage weakening housing supply, affordability

A new report from the Home Builders Institute says thousands of skilled workers are needed to meet current housing demands. Keep Reading

Builder confidence remains flat

Builder confidence in the market for newly built, single-family homes rose one point to 47 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released March 17. “The March HMI mirrors last month’s sentiment, as builders… Keep Reading

Poor weather puts a damper on builder confidence in February

Unusually severe weather conditions across much of the United States, along with continued concerns over the cost and availability of labor and lots, caused builder confidence in the market for newly built, single-family homes to post a 10-point drop to… Keep Reading

Higher confidence leads to increase in home building

Nationwide housing production rose nearly 23 percent in November to a seasonally adjusted annual rate of 1.09 million, according to data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. “Builders are increasingly confident that… Keep Reading

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