Builder Confidence Rises in October: 5 Housing Stocks to Watch
Century munities(CCS) ZACKS·2024-10-18 16:20
Builder confidence is showing a sign of improvement as inflation gradually eases and homebuilders expect mortgage rates to stabilize in the coming months. This shift in sentiment marks a positive trend for the housing market, with builders feeling more optimistic despite ongoing affordability and higher home price challenges. Builder confidence has increased for the second consecutive month, indicating a significant shift in sentiment among builders. HMI Indices and Price Reduction Trends According to the N ...