Builder sentiment rises as mortgage rates drop
After a year of declines, homebuilder sentiment started off 2023 with a modest increase, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday. In January, builder confidence in the market for newly build single-family homes rose four points from Decemberâs reading, to an index value of 35. The NAHB/HMI […]