Homebuilder sentiment drops to half of what it was six months ago

Econ & Housing, The Daily Buzz

  Homebuilder sentiment in the single-family home market has fallen to half what it was just six months ago as mortgage rates climb, according to a new report. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which is designed to gauge market conditions, fell 8 points to 38 in October from…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Lumber Futures – March 18, 2023
New Home Sales Remain Relatively Flat in February
3.6 million people worked in forest-based activities
Wall Street holds steady after weekend’s big bank deal
US Annual Rent Growth Slows to Nearly Two-Year Low in January, CoreLogic Reports