Unusually severe weather conditions across much of the nation along with continued concerns over the cost and availability of labor and lots resulted in a 10-point drop in builder confidence.
Think Chicago or New York City is the densest city in America? Not so. If you define density as population per square mile, metropolitan Los Angeles heads the list.
Builder confidence in the market for newly built, single-family homes fell one point to 56 in January from a revised December reading of 57 on the Housing Market Index.
Builder confidence in the market for newly built, single-family homes fell one point to 56 in January from a revised December reading of 57 on the Housing Market Index.