Housing Market Slowdown: Builders Hit the Brakes

Housing market cools: New home construction stumbles despite falling mortgage rates. Starts and permits dip as builders grapple with excess inventory, a shaky job market, and an uncertain economic outlook, leading to price cuts and incentives reminiscent of 2007. Is this just a pause, or a sign of deeper trouble ahead for the housing sector? Hosted on Acast. See acast.com/privacy for more information.