National Association of Home Builders

Builder Confidence Sits on Record Low: NAHB 

Sometimes, with things in housing as bad as they are, you’ve got to look to find good news wherever you can. And the National Association of Home Builders did just that on Monday; the group’s survey of home builder sentiment found that overall confidence held steady at a 16 reading — a record low. But two of the three components that comprise the overall confidence measure increased slightly during the month, given the NAHB reason to hope for a better back half of the year.