Growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in builder sentiment even as consumer demand remains robust. Builder confidence in the market for newly built single-family homes moved one point lower to 83 in January, according to the NAHB/Wells Fargo Housing Market Index (HMI) released today.
NAHB Now2022-01-18T09:23:03-06:00Home Builder Confidence Edges Lower on Inflation ConcernsNAHB Now2022-01-18T09:23:03-06:00
NAHB Now2021-12-15T09:18:40-06:00Home Builder Sentiment Strong at Year’s EndNAHB Now2021-12-15T09:18:40-06:00
Despite inflation concerns and ongoing production bottlenecks, builder confidence edged higher for the fourth consecutive month on strong consumer demand and limited existing inventory.