Tag Archives: Homebuilder

Homebuilder sentiment falls to 2-year low on declining demand, rising costs

Contractors work on concrete slabs in the Cielo at Sand Creek by Century Communities housing development in Antioch, California, on Thursday, March 31, 2022. David Paul Morris | Bloomberg | Getty Images Builder sentiment in the market for single-family homes fell sharply in May, as mortgage rates shot higher and building material costs showed no […]

Foreign buyers surge back to Australia’s new housing market – NAB

A new NAB survey has revealed a resurgence of foreign buyers into Australia’s new housing market, accounting for 7.9% of the demand for new homes across the country, after nearly doubling over the March quarter. This marks the third consecutive quarterly increase in the overall share of market sales to foreign buyers, from 4.6% in […]

Homebuilder sentiment drops for fourth straight month

A contractor uses a hammer while working on townhouse under construction at the PulteGroup Metro housing development in Milpitas, California. David Paul Morris | Bloomberg | Getty Images Sharply rising mortgage rates are taking their toll on the nation’s homebuilders, as already pricey new construction becomes even less affordable.  Builder confidence in the market for […]