Builder Confidence Higher in March but Future Outlook Uncertain
Although high construction costs and elevated interest rates continue to hamper housing affordability, builders expressed cautious optimism in March as a lack of existing inventory is shifting demand to the new home market. Builder confidence in the market for newly-built single-family homes in March rose two points to 44, according to the National Association of… The post Builder Confidence Higher in March but Future Outlook Uncertain appeared first on RISMedia.
Although high construction costs and elevated interest rates continue to hamper housing affordability, builders expressed cautious optimism in March as a lack of existing inventory is shifting demand to the new home market. Builder confidence in the market for newly-built single-family homes in March rose two points to 44, according to the National Association of…
The post Builder Confidence Higher in March but Future Outlook Uncertain appeared first on RISMedia.
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