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NAHB provides insight into what's happening to housing market optimism

Washington, DC, June 15, 2022—In a troubling sign for the housing market, builder confidence in the market for newly built single-family homes posted its sixth straight monthly decline in June, falling two points to 67, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released.

Rates Remain Resilient After Inflation Scare May 14 2021, 5:34PM The 70's and 80's brought unforgettable economic lessons about inflation. Since then, certain market participants have been watching inflation like hawks, even when they didn't need to. After the start of the pandemic, the massive amount of fiscal stimulus (covid relief bill) and monetary accommodation from the Fed (bond buying and rate cuts) had inflation hawks on high alert.  Fed speakers have been consistent in their response: yes, inflation was likely to spike this spring for a variety of rea...

Advertisement Help for Getting Home Appraisals to Reflect Rising Costs NAHB Housing Policy Briefing | NAHB offers help for builders to get appraisals to reflect building materials' rising costs; the HMI shows builder confidence took a hit from concern about soaring costs By National Association of Home Builders April 5, 2021 NAHB wants to make sure home builders understand it is acceptable to speak with the appraiser and provide relevant information for accurately assessing a home’s value. | Image:stock.adobe.com Continue Reading As lumber prices soar to record highs, ne...

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