The Housing Market Is Slowing. Just Look at Lumber Prices.
Text size Home builders are seeing more cancellations following the sharp rise in mortgage interest rates. Justin Sullivan/Getty Images Lumber prices have dropped by more...
Home Construction Rose More Than Expected in August
Text size Home builder confidence declined for the ninth month in a row in September, according to a trade group's survey. Brandon Bell/Getty Images Housing...
Home prices are falling as homebuilders get put ‘on their a–.’
The pandemic housing boom saw builders get a little greedy. Eager to turn a higher profit, homebuilders ramped up production of unsold homes. Their thinking?...