Builders Lower Expectations

December 2005
Home Textiles Today;12/5/2005, Vol. 27 Issue 12, p15
Trade Publication
The article reports that single-family home builders in the United States are adjusting their market expectations lower in response to increasing mortgage rates and consumer resistance to high housing prices. A monthly measure of builder conference compiled by the National Association of Home Builders and Wells Fargo Bank indicated that builder sentiment declined by eight points to a level of 60 during November 2005.


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