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Builder confidence now 'underwater', NAHB says

By Dale Oviatt posted 08-17-2022 05:20 PM

  

An unrelenting confluence of market challenges has combined to make for bad times


For months now, the National Association of Home Builders has employed heightening superlatives in conveying just how eroded builder confidence has become under current market conditions. As of this week, the preferred adjective is now “underwater” as the group conveys the impact that elevated rates, ongoing supply chain issues and high home prices have had on the industry.
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