Homebuilder Confidence Begins to Wane

摘要

Builder confidence, while still strong, is down from a record high in November 2020, according to a report from the National Association of Home Builders, Washington, D.C. "Ending a string of three successive months of record highs, builder confidence in the market for newly built single-family homes fell 4 points to 86 in December," states the NAHB/Wells Fargo Housing Market Index (HMI). "Despite the decline, this is still the second-highest reading in the history of the series after last month's 90."