Homebuilder sentiment falls to 2-year low on declining demand and rising costs

"Housing leads the business cycle, and housing is slowing," said NAHB Chairman Jerry Konter, a builder and developer.

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Homebuilder sentiment falls to 2-year low on declining demand and rising costs

Broadcast Media Production and... Broadcast Media Prod... | 1 year ago

"Housing leads the business cycle, and housing is slowing," said NAHB Chairman Jerry Konter, a builder and developer.

Mortgage refinance demand falls 60% year-over-year amid rising rates

cnbc cnbc | 2 years ago

Refinance demand for mortgages dropped 15% in just one week, according to the Mortgage Bankers Association. CNBC's Diana Olick joins 'Squawk Box' to break down the latest data.

Homebuilder sentiment falls nationally, but Columbus homebuilders optimistic

bizjournals bizjournals | 1 year ago

"What buyers qualify for today versus in 2021 has changed. Consumers options are changing, but demand is still strong."

Mortgage Demand Falls To New 22-Year Low As Housing Market Fuels Recession Fears

forbes forbes | 1 year ago

Mortgage Demand Falls To New 22-Year Low As Housing Market Fuels Recession Fears Topline Despite falling mortgage rates providing some relief to potential home buyers, mortgage applications fell to the lowest level since the turn of the century last week—providing fresh evidence that the housing market downturn may have room to run as some experts worry about how the collapse will damage the broader economy. "A bona-fide recession looks more likely than not over the next year,...

Homebuilder sentiment drops to lowest level in two years as housing demand slows

Broadcast Media Production and... Broadcast Media Prod... | 1 year ago

Sentiment among the nation's homebuilders fell for the sixth straight month to the lowest level since June 2020, when the economy was grappling with shutdowns stemming from the Covid pandemic. The National Association of Home Builders/Wells Fargo Housing Market Index fell 2 points to 67 in June. Anything above 50 is considered positive. The index hit 90 at the end of 2020, as the pandemic spurred strong demand for larger homes in the suburbs. Of the index's three components, buyer traffic fell 5...

Mortgage demand hits a 22-year low on high rates and inflation concerns

Broadcast Media Production and... Broadcast Media Prod... | 1 year ago

CNBC's Diana Olick joins Squawk Box to report on mortgage demand, which has just hit a 22-year low as buyers worry about high interest rates and inflation.

Homebuilder sentiment drops for fourth straight month, as rising rates push housing to 'an inflectio...

Broadcast Media Production and... Broadcast Media Prod... | 2 years ago

Sharply higher mortgage rates are causing homebuyers to pull back, and homebuilder sentiment dropped as a result.

Homebuilder sentiment drops 12 points

Broadcast Media Production and... Broadcast Media Prod... | 1 year ago

CNBC's Diana Olick joins 'The Exchange' to discuss homebuilder sentiment numbers, which are down 12 points in the last month.

Homebuilder sentiment in U.S. drops to lowest in seven months

In-depth analysis, data and st... In-depth analysis, d... | 2 years ago

Despite lean inventory, efforts by builders to boost production have been hindered by supply-chain challenges, soaring materials costs and difficult hiring conditions.