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New home sales

Why homebuilders remain confident in spite of high interest rates

by Ali Budner
Jul 19, 2023
High interest rates are hitting the construction industry, but homebuilder confidence keeps growing, given the steady demand for new construction.
With existing inventory still low and mortgage rates still high, more buyers are turning to new construction.
JIM WATSON / Getty Images
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The staying power of Case-Shiller, a marquee housing metric

by Amy Scott and Maria Hollenhorst
Apr 6, 2022
It’s not the most timely home price indicator, but it does have advantages, including mapping prices over long periods.
Homes line a Southern California street in 2003. An approach for tracking house prices developed by economists Karl Case and Robert Shiller in the 1980s remains an important market indicator today.
David McNew/Getty Images
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