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Builders remain cautious as construction costs, affordability weigh on demand

NAHB index shows Midwest resilience amid broader industry weakness
Builders in the Midwest post higher confidence compared to other regions. Shown is a house in Elk Grove, California, (CoStar)
Builders in the Midwest post higher confidence compared to other regions. Shown is a house in Elk Grove, California, (CoStar)
By CoStar News Staff
August 17, 2026 | 3:47 P.M.

Homebuilders nationwide remain pessimistic about the new-home market as many buyers stay on the sidelines, though the Midwest stood out as a relative bright spot.

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