The previously paused tariffs on imports from Canada, China and Mexico went into effect this week, triggering retaliatory effects from Canada and China. The current…
Carl Harris
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Concerns Over Tariffs and Housing Costs Tank Builder Confidence
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), released last week, shows builder sentiment fell sharply in February, due to concerns…
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New U.S. Tariffs on Canada, Mexico, and China Spark Trade War, Threaten Housing Costs
[This article was updated February 3, 2025, at 5:20 p.m.] The new administration's long-anticipated tariffs against Canada, China and Mexico were officially announced Saturday. According…
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2024 Ending on Changes in Mortgage Rates and Builder Confidence
The National Association of Homebuilders (NAHB) reported recently that, according to Freddie Mac, housing starts edged lower in October as average monthly mortgage rates increased…
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Thanksgiving – A Time to Give Thanks, Reflect and Ponder Future Plans
One week from today is Thanksgiving! Can you believe it? Where did the year go? Despite less than stellar market conditions, it has been a…
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Single-Family Starts Up in August but Supply-Side Issues Linger
The National Association of Homebuilders (NAHB) reports that single-family starts posted a solid gain in August. Officials are attributing increases to robust demand and mortgage…
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Summer Housing Market Sends Mixed Signals
While housing starts decreased and the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) showed builder confidence down, sales of new homes…
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Builder Confidence Continues to Drop but White House Actions Might Help
Officials for the National Association of Home Builders (NAHB) said a lack of affordability and buyer hesitation led to a decline in builder sentiment in…
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As Mortgage Rates Remain High, Builder Confidence Stumbles
The most recent National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), released last week, shows the reading for builder confidence in the…
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Homebuilder Confidence Takes a Hit as the Cost of Homeownership Slips Away
Earlier this month, the National Association of Homebuilders (NAHB) released the NAHB/Wells Fargo Housing Market Index (HMI), showing the first decline in builder sentiment since…