BRI News

Builder Confidence across the U.S. Holds Firm in January

Builder confidence in the market for newly
built single family homes remained on “firm
ground” in January, according to a recent
building and realty industry report.


The report, entitled The National Association of
Home Builders (NAHB)/Wells Fargo Housing Market
Index (HMI), said that the national confidence figure
of builders was down two points to a level of 67 from
a downwardly revised December.

“NAHB expects solid 10 percent growth in single family construction in 2017, adding to the gains of 2016,” said NAHB Chief Economist Robert Dietz. “Concerns going into the year include rising mortgage interest
rates, as well as a lack of lots and access to labor.”


To read more refer to Impact Jan 2017

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