Housing market slows, builder confidence falls again
Housing market slows, builder confidence falls again
(NewsNation) — Although investors seem optimistic about the current economic outlook, builder confidence has fallen for the eighth straight month as elevated interest rates to cool inflation are driving up the price of homes.
“Well, it is, I guess, bad news for the builders, but it’s good news for people looking to buy to a home,” NewsNation business contributor Lydia Moynihan said.
During the…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.