U.S. homebuilder sentiment dropped to a seven-month low in March as tariffs on imported materials raised construction costs, a survey showed on Monday. The National Association of Home Builders ...

Expectations for the next six months fell 13 points to 46, its biggest drop since the start of the pandemic.

Analysts had been expecting a slight improvement, given recent tariff negotiations and pullbacks by the Trump administration.

Homebuilder confidence fell in June, logging its third lowest reading since 2012. Buyers struggling with affordability stayed on the sidelines, even as builders lowered prices.

WASHINGTON - U.S. homebuilder sentiment dropped to a seven-month low in March as tariffs on imported materials raised construction costs, a survey showed on Monday.

Homebuilder sentiment drops to 7-month low on costs Given home prices are still near record highs across the country and mortgage rates will probably stay elevated for the foreseeable future, ...

WASHINGTON (Reuters) - U.S. homebuilder sentiment dropped to a seven-month low in March as tariffs on imported materials raised construction costs, a survey showed on Monday.

An index of housing market conditions from the National Association of Home Builders and Wells Fargo fell 3 points to 39 in March. That was weaker than all estimates in a Bloomberg survey of ...

Reflecting growing concerns, a component of the NAHB’s overall index measuring expectations for the next six months fell 13 points to 46 this month, its biggest drop since the start of the pandemic.