HousingWire reports that the NAHB/Wells Fargo Housing Market Index dropped two points to a level of 54 in May.
Despite the dip, builder confidence in the new home market remains above the 50-pont benchmark, and is a nine-point increase year-over-year.
According to NAHB Chief Economist David Crowe, consumers are exhibiting caution and want to be on more stable financial footing before purchasing a home.
Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness
NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs
Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year
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