Homebuilder sentiment nears pandemic low as economic uncertainty plagues consumers
14 Articles
14 Articles
US Home Builder Sentiment Drops to Lowest Level Since December 2022
Builder confidence in the newly built single-family home market declined in June to its lowest level in two and a half years across the United States, the National Association of Home Builders (NAHB) said in a June 17 statement. The NAHB/Wells Fargo Housing Market Index slipped two points from May to 32 in June, the lowest since December 2022, the statement said, adding that this was the third lowest reading since 2012. “Buyers are increasingly …
US Homebuilder Sentiment Skids to 2-1/2-Year Low, NAHB Says
US homebuilder sentiment skids to 2-1/2-year low, NAHB says
A gauge of U.S. homebuilder sentiment slid unexpectedly to its lowest level in two and a half years in June, with more than a third of residential construction firms cutting prices to lure buyers sidelined by high mortgage rates and economic uncertainty due to President Donald Trump's tariffs.
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