Surrey Precision Tools Inc.
Surrey Precision Tools
6466 Virginia Ave.
Bassett, VA 24055
United States
Home builder confidence declines
WASHINGTON – According to the National Association of Home Builder’s (NAHB)/Wells Fargo Housing Market Index (HMI), builder confidence for newly-built single-family homes fell two points to 72 in March. Sentiment levels have held in a firm range in the low- to mid-70s for the past six months.
“Builder confidence remains solid, although sales expectations for the next six months dropped four points on economic uncertainty stemming from the coronavirus,” said NAHB Chairman Dean Mon, a home builder and developer from Shrewsbury, N.J.
By
Michaelle Bradford,
March 24, 2020 | 10:18 am CDT
