Published 3 years ago • loading... • Updated 3 years ago

Home builders see 'housing recession' as builder sentiment index drops further in August

Summary by MarketWatch

The National Association of Home Builders' monthly confidence index fell 6 points to 49 in August, the lowest level since May 2020.

7 Articles

All

Left

Center

Right

USA Today

Lean Left

US homebuilders say there's a 'housing recession'; sentiment falls for 8th month in a row

The current sentiment gauge comes as it's becoming even tougher to buy a home or get a mortgage with the Fed raising interest rates.

3 years ago·United States

Read Full Article

Business Insider

Lean Left

Homebuilder stocks drop as companies report 8th straight monthly drop in housing sentiment to the lowest reading since start of the pandemic

About 1-in-5 homebuilders reported reducing prices to boost sales or limit cancellations, according to the NAHB/Wells Fargo survey.

3 years ago·United States

Read Full Article

Fox Business

Lean Right

Homebuilders see 'housing recession' as sentiment plunges to fresh 2-year low

Builder sentiment in the market for single-family homes plunged in August to the lowest level in two years, indicating the housing market is officially in a recession.

3 years ago·United States

Read Full Article

MarketWatch

Center

Home builders see 'housing recession' as builder sentiment index drops further in August

The National Association of Home Builders' monthly confidence index fell 6 points to 49 in August, the lowest level since May 2020.

3 years ago·United States

Read Full Article

New York Post

Lean Right

US falls into ‘housing recession’ as mortgage rates, building costs surge

Builder confidence has plummeted for eight consecutive months, its worst streak since 2007.

3 years ago·New York, United States

Read Full Article

CNBC

Center

Homebuilders say U.S. is in a ‘housing recession’ as sentiment turns negative

Despite higher costs for land, labor and materials, about 1 in 5 builders in August reported lowering prices in the past month in an effort to increase sales or limit cancellations.

3 years ago·United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year