Home builders had less confidence in housing market conditions in September. In the aftermath of Hurricanes Harvey and Irma, builders worried that ongoing shortages of construction labor and materials would worsen. NAHB Chairman Granger MacDonald said that concerns over labor and building materials were “intensified,” but said that builder confidence was expected to return to high readings once rebuilding is underway.
NAHB: Builder Confidence Dips on Hurricane Damage
September 20th, 2017 · Comments Off on NAHB: Builder Confidence Dips on Hurricane Damage
Tags: Housing Analysis