Homebuilder confidence in the United States fell in July amid rising interest rates and high inflation that have slowed down sales, according to the National Association of Home Builders (NAHB). The NAHB/Wells Fargo Housing Market Index (HMI) dropped 12 points to 55 in July, the lowest HMI reading since May 2020, according to a July…
US Homebuilder Confidence Plunges Amid Inflation, Affordability Crisis
July 19, 2022
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Business & MarketseconomyHomebuilder Confidencehousing affordabilityHousing Market Indexinflationreal estateUSUS Real Estate
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