From CNBC: 2025-06-17 11:16:00

Higher mortgage rates and economic uncertainty are affecting homebuilders and consumers. June builder sentiment dropped 2 points to 32 on the NAHB/Wells Fargo HMI. Components like current sales conditions, sales expectations, and buyer traffic all decreased. More builders are cutting prices to address affordability concerns. Single-family starts are predicted to decline in 2025. Lennar’s second-quarter earnings showed a drop in average home prices and weaker guidance. The South and West regions have the weakest builder sentiment.



Read more at CNBC: Homebuilder sentiment June 2025 nears pandemic low