Author name: Ricky Vasquez

Builder confidence falls in July as affordability pressures persist

Homebuilder confidence fell again in July as affordability pressures and economic uncertainty continued to weigh on demand, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released on Thursday.  According to the index, homebuilder confidence in July fell 2 points to a reading of 34, marking the 15th consecutive month

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