U.S. homebuilder sentiment tumbles to weakest in 3 years

U.S. HOMEBUILDER SENTIMENT fell in December to the lowest level since 2015. / BLOOMBERG NEWS/TY WRIGHT
U.S. HOMEBUILDER SENTIMENT fell in December to the lowest level since 2015. / BLOOMBERG NEWS/TY WRIGHT
NEW YORK - Sentiment among United States homebuilders fell in December to the lowest level since 2015, missing all forecasts and signaling that the industry’s struggles are intensifying amid elevated prices and higher borrowing costs. The National Association of Home Builders/Wells Fargo Housing Market Index dropped to 56 from 60 in the prior month amid broad-based…

Want More Free?

To access 2 more articles, please log in or register for free.

Registered users get access to a limited number of free articles every month.

Register Now

Already registered? Login to access more free articles.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -