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Home builders struggle to find buyers as cancellations by developers rise: 'The build-for-rent market is going to become increasingly important'

Por: MarketWatch Politics November 08, 2022

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Confidence among home builders dropped for the to a 10-year low (with the exception of the start of the pandemic), according to the National Association of Home Builders. Traffic among prospective buyers, one of the components that measures confidence, fell significantly, the association said, as buyers look at mortgage .   Cancellations by property developers are also up, Lovallo noted. KB Home a 35% cancellation rate in the third quarter, up... + full article



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