US Homebuilder Sentiment Declines to Lowest Level in Nine Months

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US homebuilder sentiment fell to a nine-month low in October, the latest indication of the toll on residential real estate from soaring mortgage rates and declining affordability.

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U.S. home builder confidence falls to lowest since JanuaryHomebuilder confidence fell in October to the lowest levels since January, according to a report released Tuesday, signaling sky-high mortgage rates are...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »