Today’s HousingWire Daily features an interview with the National Association of Home Builders Chief Economist Robert Dietz. In this episode, Dietz reviews the latest NAHB and Wells Fargo Housing Market Index and gives some insight into why homebuilder confidence fell to its lowest level since August 2020.

Additionally, Dietz discusses how supply constraints and surging homebuyer demand have impacted inventory and shares his thoughts on what the housing industry needs to do to meet homebuilding demand.