Builder Confidence Drops In February
Builder confidence in February dropped to its lowest level since March 2013.
“Significant weather conditions across most of the country led to a decline in buyer traffic last month,” said NAHB Chairman Kevin Kelly, a home builder and developer from Wilmington, Del, via a release. “Builders also have additional concerns about meeting ongoing and future demand due to a shortage of lots and labor.”
http://www.nahb.org/news_details.aspx?newsID=16689
Chart source http://www.nahb.org/fileUpload_details.aspx?contentID=134938
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