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Home builders turn bullish for the first time in nearly a year amid strong housing demand

Por: MarketWatch Business June 19, 2023

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With , many homeowners find little incentive to sell—nearly 92% have an outstanding mortgage with a rate below 6%, according to a recent survey conducted by , a brokerage and real estate listings company. And 23.5% of homeowners have a mortgage rate of less than 3%. Consequently, the number of new home listings has dropped by 22%, as compared with the same period a year ago, according to a In turn, home builders are feeling good about their... + full article



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