Homebuilders see 'housing recession' as sentiment plunges to fresh 2-year low - Fox Business

Builder sentiment in the market for single-family homes plunged in August to the lowest level in two years, indicating the housing market is officially in a recession.

Confidence among builders in the U.S. housing market plunged more than expected in August to the lowest level since the beginning of the COVID-19 pandemic as painfully high inflation and rising borro… [+2416 chars]

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