The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 30, down from 72 in March. Any number below 50 indicates that more builders view sales conditions as poor than good. From NAHB: Builder Confidence Posts Historic Decline on Coronavirus Pandemic Reflecting the growing effects of the COVID-19 pandemic, builder […]
source https://thebtrader.com/2020/04/15/nahb-builder-confidence-plunged-to-30-in-april/?utm_source=rss&utm_medium=rss&utm_campaign=nahb-builder-confidence-plunged-to-30-in-april
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