Homebuilders see 'housing recession' as sentiment plunges to fresh 2-year low - 1breakingnews.com

1BN-General 2022-08-16

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Confidence among builders in the U.S. housing market plunged more than expected in August to the lowest level since the beginning of the COVID-19 pandemic as painfully high inflation and rising borrowing costs forced potential buyers to pull back.

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