Washington, DC, May 15, 2024-Builder confidence in the market for newly built single-family homes was 45 in May, down six ...
With mortgage rates hovering north of 7% for the past few months, builder confidence declined for the first time since ...
April 15 (Reuters) - U.S. homebuilder confidence held steady in April at the highest since last July, snapping four months of gains with uncertainty about interest rates keeping potential home ...
Builders’ confidence in the new home market retreated this month , the first decline since last November. The National ...
The NAHB found that 25% of builders cut home prices to bolster sales in May. Overall, builder confidence posted its first ...
U.S. consumer confidence deteriorated for the third straight month as Americans continue to fret about their short-term ...
The Nasdaq Composite closed at a record high, helped by an afternoon rally in Big Tech groups. The Federal Reserve’s top banking regulator said he expects regulators to revise a set of controversial ...
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 ...