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Rising Homebuilder Pessimism in U.S. Signals Cooling Housing Market

By SANSANI

U.S. homebuilder confidence fell to a 2½-year low in June, as rising mortgage rates and Trump-era tariffs slashed demand. Over a third of residential construction firms cut prices to entice buyers. Analysts suggest that unless financing costs stabilize, the housing market slowdown could deepen—impacting broader economic growth and construction sector activity.
🔗 Source: Reuters

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