Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho September 20, 2017

NAHB: Builder Confidence Dips on Hurricane Damage

Home builders had less confidence in housing market conditions in September. In the aftermath of Hurricanes Harvey and Irma, builders worried that ongoing shortages of construction labor and materials would worsen.  NAHB Chairman Granger MacDonald said that concerns over labor and building materials were "intensified," but said that builder confidence was expected to return to high readings once rebuilding is underway. The National Association of Home Builders Housing Market Index dropped … [Read more...]

Filed Under: Housing Analysis Tagged With: Housing Market

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