In brief: U.S. builder confidence fell to 29 in October, the lowest reading since 2012, while 43% of builders reported cutting prices. The NAHB index reflects pressure from borrowing costs and weak buyer traffic. U.S. homebuilder confidence fell to its lowest level in...
D.R. Horton’s latest results highlight a challenge facing homebuilders heading into 2027: delivering more homes while protecting profits as buyers struggle with affordability. The company closed 23,983 homes in its fiscal third quarter ended June 30, up 4% from a year...
Builder confidence in the market for newly built single-family homes inched up one point to 35 in August, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report. Any HMI reading under 50 indicates that more builders...
Builder confidence in the market for newly built single-family homes fell two points to 34 in July, down from an upwardly revised reading of 36 in June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Any HMI level...
Builder confidence in the market for newly built single-family homes during June fell two points to 35, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Any HMI reading over 50 indicates that more builders view...
Hyperscale Data Hires Newmark to Seek Debt for Michigan AI Campus
