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US NAHB housing market index 29 vs 31 prior

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Priorw as 32 Current sales 33 vs 35 prior Sales over the next six months 32 vs 37 prior Prospective buyers 18 vs 23 prior The latest survey found that 43% of builders cut prices in October, the highest share during the 2020-2026 period. The average price cut remained at 6% for the seventh consecutive month. Meanwhile, 65% of builders reported using sales incentives in October, the 19th straight month at least 60% of builders have done so. This is a response to yet-another rise in borrowing costs, with US mortages nearing 7.5% on a 30-year fixed

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