With mortgage rates hovering north of 7% for the past few months, builder confidence declined for the first time since ...
Washington, DC, May 15, 2024-Builder confidence in the market for newly built single-family homes was 45 in May, down six ...
Confidence among US single-family homebuilders hit the highest level in 10 months, improving in May for the fifth consecutive month, as limited home stock helped to renew optimism for the sector ...
US homebuilder sentiment leveled off this month after a recent surge as would-be home buyers look for signs borrowing costs will fall. The National Association of Home Builders/Wells Fargo index ...
The NAHB found that 25% of builders cut home prices to bolster sales in May. Overall, builder confidence posted its first ...
With a slew of economic data and comments from Federal Reserve Chairman Jerome Powell, it's shaping up to be a huge week for ...
The numbers: Builder confidence plunged in May, as they see home-buying activity wane in the face of high mortgage rates. High rates weighed on sentiment among home builders, which dropped for the ...