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The National Association of Home Builders’ monthly confidence index fell to 32 in June, a drop of 2 points, the industry group said on Tuesday. A year ago, the index stood at 43. The June ...
The numbers: Home-builder confidence sank to a two-year low as home buyers continued to shun the housing market. Builders are lowering prices in an effort to bring them back. Builder sentiment ...
Builder confidence in the market for newly built single-family homes was 32 in June, down two points from May, according to the National Association of Home Builders /Wells Fargo Housing Market ...
Home prices are up nearly 50% since before the pandemic, and mortgage interest rates ticked up to 6.86% last week — a far cry from their pandemic low of 2.65% for a 30-year fixed-rate loan.
This comes as the Home Builder Confidence index fell to 32, which was the worst in nearly 30 months since December 2022's — 31 reading and April 2020's — 30 reading. It was the third-worst ...
U.S. Home Sales Continue Slump in April Despite Growing Inventory; Opportunity Zone Home Prices Surpass National Growth in Half of U.S. Markets; Spring Home Sales Sputter in U.S. as High Costs Weigh ...
The March NAHB/Wells Fargo Housing Market Index retreated to 34 in May from 40 in April, falling short of the 40 expected, marking the lowest level since the homebuilder sentiment gauge hit 31 in ...
That puts the company on track to see the first yearly decline in home deliveries since 2011. Total revenue for the quarter sank 15.1% from last year to $7.73 billion, below Wall Street ...
Earnings Results Home prices and sales are falling as buyers lose confidence, D.R. Horton says Builder says spring home-selling season started slower than expected, leading to disappointing ...
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