US home builder sentiment rises slightly in August


Investing.com -- US home builder confidence increased slightly in August but remained at weak levels as residential construction firms continued to face economic uncertainty, high mortgage rates and elevated building costs worsened by the US-led war with Iran, according to a survey released on Monday. The National Association of Home Builders/Wells Fargo Housing Market index climbed one point to 35 this month from July’s unrevised reading of 34.
Reported by 2 outlets — Investing.com · Economy. See all sources ↓
Investing.com -- US home builder confidence increased slightly in August but remained at weak levels as residential construction firms continued to face economic uncertainty, high mortgage rates and elevated building costs worsened by the US-led war with Iran, according to a survey released on Monday. The National Association of Home Builders/Wells Fargo Housing Market index climbed one point to 35 this month from July’s unrevised reading of 34. Economists polled by Reuters had expected the index to fall for a third consecutive month to 33. Sentiment improved in the Northeast, South and West regions, while the Midwest remained unchanged.
Read the full report at Investing.com · Economy ↗
Why it matters
2 outlets are covering this world story — one to watch as reporting develops.
- What's the story?
- Investing.com -- US home builder confidence increased slightly in August but remained at weak levels as residential construction firms continued to face economic uncertainty, high mortgage rates and elevated building costs worsened by the US-led war with Iran, according to a survey released on Monday. The National Association of Home Builders/Wells Fargo Housing Market index climbed one point to 35 this month from July’s unrevised reading of 34.
- How widely is it covered?
- 2 outlets, average source rating 6.0/10.
- When was it last updated?
- 16m ago.
How outlets are framing the same story
Here's how each outlet is covering the story — compare their headlines and timing at a glance.
- Coverage card1 outlet1CoverageScouting report
US home builder sentiment rises slightly in August
Sources1TypeCoverageInvesting.com · Economy