Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho November 29, 2018

NAHB Reports Lowest Builder Confidence Reading Since 2014

Obstacles facing home builders have caught up with high builder confidence according to the National Association of Home Builders Housing Market Index for November. Builder confidence dropped eight points to an index reading of 60, which was the largest month-to-month drop in builder confidence since 2014. November's decline in builder confidence was greater than the largest month-to-month decline during the housing crisis. Housing Market Index readings over 50 are considered positive, but … [Read more...]

Filed Under: Real Estate Tagged With: Builder Confidence, Housing Trends, NABH

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