Search for Optimism Among Home Builders Slides For 4th Consecutive Month; Rising Mortgage Rates Blamed on Bing

Homebuilder confidence is sliding for the fourth consecutive month as steadily rising mortgage rates and sky-high home prices put ownership out of reach for more Americans.        

BING NEWS:
  • German Optimism Boosts European Stocks
    The German Ifo business-climate index, a closely watched survey of business sentiment, rose for a third consecutive month in April and also beat economists’ expectations. “Companies were more ...
    04/24/2024 - 10:58 am | View Link
  • US new home sales rebound to six-month high; rising mortgage rates a concern
    Sales of new U.S. single-family homes rebounded in March from February's downwardly revised level, drawing support from a persistent shortage of previously owned houses on the market, but momentum ...
    04/23/2024 - 6:55 pm | View Link
  • Optimism hasn't yet translated into full market recovery
    RBC Economics pointed to the second consecutive month of new listings rising nationwide ... pointing to MLS Home Price Index data. The benchmark price in February remained flat from January ...
    04/4/2024 - 5:19 am | View Link
  • Spring homebuying season brings slightly more optimism as listings continue to rise
    Fannie Mae’s Home Purchase Sentiment Index, which measures home-selling conditions, increased by 2.1 points in February. This is the third consecutive ... Last month, mortgage rates were ...
    04/3/2024 - 8:09 am | View Link
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