New home sales continued to yo-yo in October
Despite October’s nationwide uptick in new home sales, homebuilder confidence continues to slide, hitting its lowest level since June 2012 in November.
Despite October’s nationwide uptick in new home sales, homebuilder confidence continues to slide, hitting its lowest level since June 2012 in November.
Builder confidence continued its downward spiral in November, and builders are now turning to mortgage buydowns to bring in buyers.
Homebuilder confidence fell in January as builders expressed concerns about higher house prices, COVID-related supply chain issues and construction costs.
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