Builder Confidence Edges Higher in March but Future Outlook Uncertain
Builder confidence in the market for newly built single-family homes in March rose two points to 44, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released last week. This ...
Multifamily Housing Market Will Weaken in 2023 While Remodeling Market Remains Solid
Multifamily starts are predicted to fall in 2023, following an unsustainable high level of production last year, according to the National Association of Home Builders (NAHB). Meanwhile, the remodeling sector remains on solid ground and ...
NAHB: A Housing Downturn in 2023 Followed by a Recovery in 2024
According to the National Association of Home Builders (NAHB), the housing recession that began in 2022 will bleed into 2023 as elevated inflation and mortgage rates, coupled with stubbornly high building material construction costs, continue ...