Market Watch
FREE PREVIEW
|
LOGIN OR SUBSCRIBE NOW TO READ THIS ARTICLE
|
NAHB: Wavering builder confidence causing future economic problems
|
Rising inflation and higher mortgage rates are slowing traffic of prospective homebuyers and putting a damper on builder sentiment, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
In a troubling sign for the housing market, builder confidence in the market for newly built single-family homes posted its sixth straight monthly decline in June, falling two points to 67.
Read on to learn more.
TO READ THE FULL STORY
|
|
Already a subscriber?
Problems logging in?
Please call 330-659-6101 x 805 or email us for assistance.
|
|
Today's other top stories