Homebuilder confidence rebounds after record declines
The new-home housing market is showing signs this month of a rebound, reversing a record 12 consecutive months of declines spurred by mounting mortgage rates, increasing construction costs and record inflation. January’s seasonally adjusted market index — which measures perceptions of
Homebuilder confidence continues historic decline
Rising mortgage rates, construction costs and inflation continue to stymy the new-home housing market, leading to the longest-running decline in confidence among homebuilders since the mid-1980s. Housing starts — a leading economic indicator — remain sidelined as consumers pull back on
