Builders’ confidence in the market for new single-family homes held steady in March as the National Association of Home Builders’ housing market index remained at 20, the group announced yesterday.
The figure was matched IFR Markets’ poll of economists predicted level of 20.
“Our surveys confirm what I’ve been hearing personally from builders across the country, which is that interested buyers are out there, but they are either reluctant to go ahead with a home purchase or they are unable to find mortgage financing they can afford,” NAHB president Sandy Dunn said in a release.”
