Builder Confidence Drops in September, NAHB Reports

High mortgage rates are continuing to erode builder confidence, the National Association of Home Builders, Washington, D.C., reported, noting the sentiment levels dropped below the break-even measure of 50 for the first time in five months.

Builder Confidence Drops in September, NAHB Reports

High mortgage rates are continuing to erode builder confidence, the National Association of Home Builders, Washington, D.C., reported, noting the sentiment levels dropped below the break-even measure of 50 for the first time in five months.

Builder Confidence Drops in September, NAHB Reports

High mortgage rates are continuing to erode builder confidence, the National Association of Home Builders, Washington, D.C., reported, noting the sentiment levels dropped below the break-even measure of 50 for the first time in five months.

Builder Confidence Drops in September, NAHB Reports

High mortgage rates are continuing to erode builder confidence, the National Association of Home Builders, Washington, D.C., reported, noting the sentiment levels dropped below the break-even measure of 50 for the first time in five months.

Builder Confidence Drops in September, NAHB Reports

High mortgage rates are continuing to erode builder confidence, the National Association of Home Builders, Washington, D.C., reported, noting the sentiment levels dropped below the break-even measure of 50 for the first time in five months.

Builder Confidence Edges Lower as Material Challenges Persist

Strong buyer demand partially offset building material supply-side challenges, regulation and labor as builder confidence in the market for newly built single-family homes inched down one point to 80 in July, the National Association of Home Builders/Wells Fargo Housing Market Index reported.