US builder confidence registered 35 in Late-Q2, staying below 40 for a 14th straight mo amid affordability pressure, costs, and mortgage-rate headwinds.
Builder offers matter: low-60% used sales incentives in Late-Q2, while ~35% cut prices, averaging ~6% reductions for new-home buyers across the US.
Industry leaders point to a US shortage of ~1.2M homes, saying sentiment will stay soft until building barriers ease and conditions improve.
An industry study found regulation, taxes, fees, and related costs add >25% to avg. single-family home prices, highlighting reform's cost-cutting potential nationwide.
Current sales conditions registered 38, future sales held at 45, and prospective buyer traffic remained at 25 in Late-Q2, showing measured caution ahead.
In South Florida, an agent said first-time buyers have more room to negotiate than in…
Pending home sales in the US dropped 5.4% in June due to near-record mortgage rates…
U.S. single-family home prices rose 0.8% year over year in May 2026, with a 0.6%…
Rising construction costs could slow US housing market growth in the months ahead, making planning…
Mortgage application volume was nearly unchanged, with a 0.04% increase as purchase demand rose 1%…
The average 30-year fixed mortgage rate reached 6.55%, remaining above 6.5% for nine weeks, impacting…