Homebuilder confidence down this month

Daniel Acker | Bloomberg | Getty ImagesBy Diana Olick | CNBC

Sentiment among U.S. homebuilders fell more than expected in November, according to a monthly industry index, with scarcity of land and labor continuing to stymie growth. Builder confidence fell three points to 62 on the National Association of Home Builders/Wells Fargo Market Index (HMI). Anything above 50 is considered positive sentiment. October’s reading was revised up by one point.

Continued:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

November 2015
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30