The Housing Chronicles Blog: Builder confidence drops three points in August to 64, largely due to twin hurricane impact

Monday, September 18, 2017

Builder confidence drops three points in August to 64, largely due to twin hurricane impact

Builder confidence in the market for newly-built single-family homes fell three points to a level of 64 in September from a downwardly revised August reading of 67 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), due mostly to concerns about the availability of labor and the cost of building materials.

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