If you build it, they will come, says the NAHB

October’s key indicator of new home industry health for the nation is at its best in the past decade.
  • Confidence among new home builders is the best in a decade.
  • All four regions of the country showed confidence gains.
  • Labor and land shortages continue to weigh on optimism.

According to new data released by the influential National Association of Home Builders, its members are feeling good about the market for new homes in the U.S. In the Northeast specifically, confidence has increased annually and monthly.