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US homebuilder confidence hit a low since December 2022 due to high interest rates and economic uncertainties.
US homebuilder confidence dropped unexpectedly in May to its lowest point since December 2022, falling to 34 from 40 in April.
This decline, attributed to high interest rates, tariff concerns, and uncertain building material costs, affected all aspects of the housing market, including sales conditions and prospective buyer traffic.
Despite the downturn, builders remain hopeful that future trade negotiations and tax policy progress could stabilize the economic outlook and boost housing demand.
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La confianza de los constructores de viviendas estadounidenses alcanzó su nivel más bajo desde diciembre de 2022 debido a las altas tasas de interés y las incertidumbres económicas.