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Homebuilder sentiment drops to half of what it was six months ago

Por: CNBC Business October 19, 2022

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watch nowVIDEO1:1901:19Homebuilder sentiment drops eight points in OctoberHomebuilder sentiment in the single-family home market has fallen to half what it was just six months ago as mortgage rates climb, according to a new report.The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which is designed to gauge market conditions, fell 8 points to 38 in October from the previous month.That's the lowest level... + full article



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