Builders are seeing improved foot traffic from home buyers, which is offsetting their concerns about the rising cost of construction materials.
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The construction industry’s outlook worsened to start the New Year, a new report finds, amid factors that are making it harder to build homes right now. That’s bad news for buyers.
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The housing market remains hot, but the outlook for the year ahead has become murkier as COVID-19 vaccines roll out.
The post Home-Builder Confidence Slips From Record High in December, as Buyers Get Cold Feet appeared first on Real Estate News & Insights | realtor.com®.
The construction industry’s outlook improved again in November, according to research from a trade group released Monday.
The post Home Builder Confidence Surges to New Record High as Sales Volume Grows appeared first on Real Estate News & Insights | realtor.com®.
Lumber prices have increased more than 170% since April, but that hasn’t turned builders pessimistic on the industry’s overall trajectory.
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