HMI

New Home Construction Seen As A Possible Solution To Pent Up Demand For Homes

Builder confidence in markets for new homes fell three points in February to a reading of 58. January's reading was revised upward to 61. Builders have repeatedly expressed concerns shortages of labor and lots for development, but continue to express confidence in future sales conditions.

By |2017-08-10T02:04:17-04:00February 17th, 2016|Housing Analysis|Comments Off on New Home Construction Seen As A Possible Solution To Pent Up Demand For Homes
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