Homebuilder Sentiment Drops to 12-Month Low
U.S. homebuilder sentiment dropped to a one-year low in September as rising mortgage rates dampen demand for housing. The National Association of Home Builders/Wells Fargo Housing Market index fell three…
Single Family Housing Starts Fall to Lowest Level in Nearly Four Years
Builders started construction of new single-family homes in July at the slowest pace since 2022. Single-family starts declined by 9.9 percent last month...