The housing market is sending warning signals as builder confidence plunges to 2012 levels amid high mortgage rates.

High street shop River Island have announced plans to close 33 shops amid a restructuring, with 70 more shops subject to ...

Builder sentiment declined for the second straight month according to the National Association of Homebuilders (NAHB) and ...

While mortgage rates have shown signs of stabilizing, builder confidence declined in June. The National Association of Home ...

--The fall takes the index further below the threshold of 50 between builders' perceptions of "good" conditions and "poor" ones. The index has only been lower twice since 2012, NAHB said: in December ...

The numbers: Home-builder confidence sank to a two-year low as buyers continue to shun the housing market. Builders are upping price cuts in an effort to bring them back.

The index has only posted a lower reading twice since 2012 – in December 2022 when it hit 31 and in April 2020 at the start ...

Lennar's second-quarter revenue beat Wall Street estimates on Monday, as its incentives for home buyers lifted sales.

US homebuilder confidence barely rose this month on a pickup in current sales, though demand expectations stumbled to a more than one-year low and prices of construction materials are climbing on ...

Claire Dickey is a Newsweek senior editor based in Florida. Her focus is reporting on personal finance news, with extensive coverage related to credit cards and banking. Claire joined Newsweek in ...

US homebuilder confidence at 7-month high in November, survey says View all comments (2) 2 (Reuters) - U.S. homebuilder sentiment rose to a seven-month high in November and expectations for sales ...

(Reuters) - U.S. homebuilder sentiment rose to a seven-month high in November ... "With the elections now in the rear view mirror, builders are expressing increasing confidence that Republicans ...