Pent-up demand bolsters builder confidence in March
Builders report strong demand as homebuyers wait for interest rates to drop
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Builders report strong demand as homebuyers wait for interest rates to drop
Housing starts surge despite weak builder sentiment and single-family production
Months of supply. you would expect builders to make up the conference but that's not happening. housing starts were down for april for the second month in a row, interest rates exploding, builder sentiment, get this, down for the fifth month in a row. >> with overall inflation you have builders having to pay more to get capital to buy land and improve it and you've got consumers having to pay more for the mortgage at the end of the process. it's just -- it's a perfect storm that's really taking us very much aback right now. >> lots of changes, buyers retrenching, according to freddie mac, fewe...
The nasdaq down by 52. the german stock exchange announced plans for $10 billion merger, creating the largest financial company allowing investors are access to thousands of listings in the u.s. and europe. on the list, home builders remain cautious after the worst year for new home sales in 50 years. the national association of home builders says builder sentiment for february remains unchanged for the fourth straight month at 16. reflecting the negative sentiment in the market. and if you are look for a job, the home depot is hiring. the home improvement store chain will hire 60,000 people...