October homebuilder sentiment +5 points to 37 vs. +1 point estimated
Youtube·2025-10-16 22:39
First though, some breaking housing data this morning. For that, we'll turn to Dom Chu. Morning, Dom. >> Morning, Carl. Good morning, Sarah.So, builder sentiment in the single family housing market rose five points to the level of 37 in October. That's the NAHB housing market index. The street was looking for just a one point gain there.Now, October's reading is the highest since April. The builders did site a slight drop in mortgage rates overall in early October and the actions by the Fed itself. NAHB cha ...