Reported about 11 hours ago
The upcoming spring selling season is expected to be difficult for homebuilders due to high mortgage rates, potential trade wars, and increased construction costs. While builders like DR Horton are trying to stimulate sales with incentives, overall demand remains weak, particularly at the lower end of the market. Concerns about affordability and the impact of proposed tariffs on construction materials add to the uncertainty, leading to a decline in builder confidence.
Source: YAHOO