The NAHB housing market index fell to 29 in October, missing the forecast of 31 and the previous reading of 32. According to the National Association of Home Builders, this sentiment reading is the lowest since June 2012, representing a 14 year trough in confidence for the sector.
Tuesday, October 20, 2026
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US Homebuilder Sentiment Falls to 29 Lowest Since June 2012
US Markets1 day ago
A record 43% of US developers cut property prices in October as mortgage costs rose above 7%. These price reductions averaged 6% on homes, while nearly two-thirds of builders offered additional sales incentives to attract buyers amid falling demand.
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