Home Builder Confidence Highest Since 1998
According to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), home builder confidence is at its highest level since 1998, coming in at 78 points in August. The NAHB says it’s a sign that housing continues to lead the economy forward. Indeed…
“Housing has clearly been a bright spot during the pandemic and the sharp rebound in builder confidence over the summer has led NAHB to upgrade its forecast for single-family starts, which are now projected to show only a slight decline for 2020,” said NAHB Chief Economist Robert Dietz.
Click here to read the full report at the National Association of Home Builders.
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