Homebuilder confidence fell to its lowest level in more than 14 years in October as elevated mortgage rates, construction costs and weakening consumer confidence continued to weigh on the housing market, according to the latest National Association of Home Builders ...
Homebuilder confidence fell sharply in September as rising mortgage rates continued to push potential buyers to the sidelines, according to the National Association of Home Builders. Why it matters: The NAHB/Wells Fargo Housing Market Index fell three points to 32, ...
Homebuilder confidence improved slightly in August, but sentiment remains near its lowest levels of the past year as high home prices and borrowing costs continue to weigh on demand. Why it matters: Builder confidence is a leading indicator for new-home ...