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Homebuilder confidence drops for 12th straight month

Dec 19, 2022
High mortgage rates are causing homebuilders to pull back. A measure of sentiment has dropped to its lowest level since 2012.
With mortgage interest rates nearly doubling this year, homebuilders are pulling back on new projects.
Frederic J. Brown/AFP via Getty Images

The CEO of homebuilders' chief trade group doesn't see shortages letting up soon

Feb 11, 2022
Jerry Howard, CEO of the National Association of Home Builders, discusses the challenges facing his industry.
An exterior of the house selected as this year's New American Home at the International Builders' Show in Orlando, Florida.
Amy Scott/Marketplace