Homebuilder Confidence Dips Amid Rising Economic Uncertainty
Originally Published 6 months ago — by MarketWatch
Home-builder confidence has dropped to a two-year low as high interest rates and elevated home prices deter buyers, leading builders to slash prices and offer more incentives, with 37% reducing prices in June—the highest since 2022—while housing inventory increases and demand remains weak, suggesting a challenging period ahead for the housing market.