● ImportantWorld2 outlets covering this

US home builder sentiment rises slightly in August

First publishedAug 17, 14:08 UTC
Last updatedAug 17, 21:41 UTC · 16m ago
11 outletInvesting.com · Economy11 outletInvesting.com · Economy
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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

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In brief
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.
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    US home builder sentiment rises slightly in August

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    Investing.com · Economy
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