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 ...
New Report: Labor Shortage Weakens Housing Supply and Affordability
A lack of skilled construction labor is a key limiting factor for improving housing inventory and affordability, according to a new report by the Home Builders Institute (HBI). Additionally, the report cautions that the required number ...