US homebuilder sentiment stalls in April due to buyer interest rate uncertainty.
US homebuilder sentiment stalls in April as buyers wait for rates to drop. The National Association of Home Builders/Wells Fargo index of housing market conditions holds steady at 51, with potential demand growth on the horizon, but buyers hesitating until they can better gauge where interest rates are headed. This pause in the resurgent housing market follows four consecutive monthly gains.
April 15, 2024
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