The National Association of Home Builders said builders expect market conditions to improve even with labor shortages and higher building material prices.
WASHINGTON — Builder sentiment improved for the third straight month and builders expect market conditions will continue to improve with as the new administration takes control of the White House and Congress.
Builder confidence in the market for newly built single-family homes was 46 in November, up three points from October, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today.