US Homebuilder Sentiment Rises for First Time in Five Months

January 2, 2024
Michael Sasso - Bloomberg

US homebuilder sentiment improved in December for the first time in five months as falling mortgage rates led to a pickup in prospective-buyer traffic and sales expectations.

The National Association of Home Builders/Wells Fargo gauge rose 3 points to 37, according to data out Monday. The figure matched the median forecast in a Bloomberg survey of economists.



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