Housing Developments
The Daily Drill - Oct. 18, 2022
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:02:00
- More information
Informações:
Synopsis
NAHB's measure of home builder confidence, the Housing Market Index (HMI), fell dramatically in October to a reading of 38, well below a healthy level. Rising interest rates, continuing supply chain issues, and stubbornly high home prices are eating into consumer demand and builder confidence in the market for new homes.
