![Builder confidence continues its downward spiral: NAHB](https://cdn.newsserve.net/ONPglobe256.png)
Builder confidence continues its downward spiral: NAHB
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) fell two points month over month to a reading of 39 in August. This is the lowest reading for the index since December 2023.
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