Home Builder Confidence Tanks
In yet another sign of a slowing housing market, builder confidence posted its seventh straight monthly decline in July
In yet another sign of a slowing housing market, builder confidence posted its seventh straight monthly decline in July
Ongoing lumber and supply constraints pushed the HMI below the 80-point mark for the first time since last September
The biggest new-construction shortfalls since 2008 have been in Dallas, Miami, Phoenix and Seattle
It’s the second month of increases in the national index following three months of declines
The National Association of Home Builders say material and labor challenges continue to persist
As worksites ramp up and demand soars, the city of L.A. is seeing a nice post-pandemic rebound
Despite a small decline, the Housing Market Index remains in the “high” territory
Get caught up on the biggest real estate news of the week!
Can’t find a home to buy? No problem! Many are turning to construction…
© 2023 California Listings, Inc.