Wednesday, 29 June 2022 | The Latest Buzz for the Appraisal Industry

Builder Confidence Drops at Fastest Pace in 2 years

Homebuilder confidence may still be higher than almost any time before the pandemic, but it’s now lower than any time since.  The post-pandemic lows arrived abruptly with today’s release of the Housing Market Index from Wells Fargo and the National Association of Homebuilders (NAHB).  The month-over-month decline was the largest in 2 years and is one of only 3 other times that the index has fallen by 8 points since records began in 1985. Pain

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