Housing Market Index—a measure of home builder confidence where a value below 50 is considered “poor”—declined to 43 in June 2024. The NAHB attributes this low rating to higher mortgage rates and ...
Home construction may slow down but never comes to a screeching halt. As of April 2020, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development announced that more than 1 ...
Even before the Fed yesterday made its keenly awaited announcement that it would trim interest rates by 0.5%, home builders appeared to be slightly more optimistic about the market for single ...
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