Builder Confidence Plummets as Concerns Over Tariff and Housing Costs Rise
According to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder sentiment fell sharply in February over concerns on tariffs, elevated mortgage rates, and high housing costs. Builder confidence in the market for newly built single-family homes was 42 in February, down five points from January and the lowest level […]