Tag: builders

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Homebuilder sentiment ticks up slightly, as housing shortage intensifies

Builder confidence for single-family homes rises just one point, to 65, in July, according to the National Association of Home Builders/Wells Fargo Housing Market Index. Sentiment is well below the July 2018 reading of 68. Anything above 50 is considered positive. Lower mortgage rates should be helping with affordability, but apparently that’s not enough. The…