FILE- In this Feb. 26, 2018, file photo, work continues on a new development in Fair Lawn, N.J. On Tuesday, May 15, the National Association of Home Builders/Wells Fargo releases its May index of …

FILE- In this Feb. 26, 2018, file photo, work continues on a new development in Fair Lawn, N.J. On Tuesday, May 15, the National Association of Home Builders/Wells Fargo releases its May index of builder sentiment. (AP Photo/Seth Wenig, File)