Reported 2 days ago
Homebuilder confidence dropped significantly in February, reaching its lowest level since September 2024, according to the National Association of Home Builders (NAHB). The sentiment index fell by 5 points to 42, indicating that builders are viewing market conditions as unfavorable due to high mortgage rates and construction costs exacerbated by tariffs and supply chain issues. Expert analyses suggest that proposed policies could further increase these costs.
Source: YAHOO