Grim Outlook For Housing Market As U.S. Unlikely To Fix Shortage Expert
Howard made the comments during a Monday appearance on Fox Business’ Varney & Co. He spoke with host Ashley Webster about how recent numbers show builder confidence dropped in July as inflation continues to affect the housing market while increased interest rates have led to a drop in construction. Data released Monday from NAHB/Wells Fargo Housing Market Index (HMI) showed home builder confidence in the market for new single-family homes had fallen 12 points lower to 55 in July....