Builder sentiment dropped at the second-fastest pace of the last two decades as construction companies began cutting costs, according to the National Association of Home Builders
Homebuilder confidence fell 2 points in June to 67, marking the lowest reading since June 2020, according to the National Association of Home Builders/Wells Fargo Housing Market Index
New home sales took a hit for the fourth-straight month in April as buyers grappled with the new reality of rising home prices and mortgage rates in excess of 5%, according to Census Bureau data
Builder confidence dropped 2 points to 77 as builders contend with rising interest rates and costs, according to the National Association of Home Builders/Wells Fargo Housing Market Index
Homebuilder sentiment dropped 2 points in March, marking the first time since September the measurement has dipped below 80, according to the National Association of Homebuilders
Homebuilders have made strides in replenishing inventory, but much of it remained under construction as sales took a hit in January, according to data from the US Census Bureau
Sales of new houses in December 2021 were at an annual adjusted rate of 811,000, according to data from the US Census Bureau
Overall housing starts increased 1.4% month over month in December to a seasonally adjusted rate of 1.70 million units, according to the the Department of Housing and Urban Development
The index decreased by one point to 83 in January, the first marked decrease in 4 months, according to the National Association of Homebuilders
Builders kicked off construction on 129,400 new housing units in November — a half-percent increase on a month when starts typically decline, according to the US Census Bureau
Following a drop this summer, builder confidence rose from 76 to 80 points in October
Nationwide builder sentiment fell by 5 points to 75 in August, according to the National Association of Home Builders/Wells Fargo Housing Market Index
On Facebook, the Dickson City Police Department in Pennsylvania posted that the people who were attempting the dead tree exorcism were escorted out of the Home Depot
The Housing Market Index dropped to 81 in June, down from 83 the previous month, according to the National Association of Home Builders and Wells Fargo
Nationwide builder sentiment rose by 1 point to 83 in April, according to the National Association of Home Builders/Wells Fargo Housing Market Index