Homebuilder sentiment bounces back despite ongoing supply chain problems

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Homebuilder sentiment bounces back despite ongoing supply chain problems

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  • o841449618th October, 2021

    Builder confidence in the single-family home construction market rose 4 points to 80 in October on the National Association of Home Builders/Wells Fargo Housing Market Index.

    Of the index’s three components, current sales conditions climbed 5 points to 87.

    Sales expectations in the next six months increased 3 points to 84 and buyer traffic rose 4 points to 65.

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