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Diminished Future Sales Expectations, Rising Costs Lower Builder Confidence

By March 16, 2022Housing
Ongoing lumber and building material supply-side constraints and rising construction costs and expectations of higher interest rates continue to negatively affect builder sentiment even as buyer demand remains relatively solid. Builder confidence in the market for newly built single-family homes moved two points lower to 79 in March from a downwardly revised reading in February, according to the National Association… Read More ›