The Daily Drill - Nov. 16, 2022

16/11/2022 2 min
The Daily Drill - Nov. 16, 2022

Listen "The Daily Drill - Nov. 16, 2022"

Episode Synopsis

The NAHB/Wells Fargo Housing Market Index (HMI) declined again in November for the 11th consecutive month to a decade-low reading of 33. Rising interest rates and stubbornly high home prices are pushing buyers out of the market and home builders are feeling the effects.