Homebuilder sentiment drops for fourth straight month

Homebuilders sentiment dropped to 60p in the past quarter

Confidence among U.S. single-family homebuilders fell to a seven-month low in April as surging mortgage rates and snarled supply chains boosted housing costs, shutting out some first-time buyers from the market, a survey showed on Monday.

Read the full article: https://www.cnbc.com/2022/04/18/homebuilder-sentiment-drops-for-fourth-straight-month.html

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