NAHB’s Robert Dietz on declining home builder confidence

In today’s HousingWire Daily episode, National Association of Home Builders Chief Economist Robert Dietz discusses the latest NAHB and Wells Fargo Housing Market Index. According to the report, sentiment declined in January as supply constraints and rising costs negatively impacted homebuilders. During the interview, Dietz also explains what the drop in the HMI means for builder confidence at this time and going forward into 2021.