Posts Tagged ‘ material costs ’

Weakening Builder Confidence Points to Economic Troubles Ahead

Jun 21st, 2022

According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), rising inflation and higher mortgage rates are slowing traffic of prospective homebuyers and putting a damper on builder sentiment. The association says it’s a troubling sign for the housing market, as builder confidence in the market for newly built single-family homes […]

Weakening Builder Confidence Points to Economic Troubles Ahead

Jun 17th, 2022

According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), rising inflation and higher mortgage rates are slowing traffic of prospective homebuyers and putting a damper on builder sentiment. The association says it’s a troubling sign for the housing market, as builder confidence in the market for newly built single-family homes […]

Builder Confidence Drops for Fifth Straight Month

May 20th, 2022

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), released earlier this week, points to falling builder confidence in the market for newly built single-family homes, a sign that the organization says indicates the housing market is now slowing. Builder confidence fell eight points in May, to 69, as growing affordability challenges—rapidly […]

Door and Window Industry Carries Positive Outlook into 2022

Mar 4th, 2022

Over the past two years, the pandemic has been no match for the U.S. fenestration industry and the broader residential construction/renovation market as a whole. 2022 is shaping out in similar fashion. New Construction New single family construction starts, a key indicator of door and window demand in new construction, recorded a second-straight year of […]

Builders Point to Material Costs and Interest Rates for Slight Decline in Confidence

Mar 23rd, 2021

With a slight decrease in confidence registering among builders in March, officials for the National Association of Home Builders (NAHB) point to material costs and interest rates as culprits. After attempting to persuade the U.S. Department of Commerce to take action on escalating costs for lumber and other materials, officials for NAHB now say those […]

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