America’s largest group of homebuilders is feeling good about where the housing market is headed. That’s because everyone seems confident that the Fed is poised to cut interest rates for the first time in 2025 this week, the National Association of Homebuilders wrote in a note Tuesday. That’s expected to lower borrowing costs for buyers—a much-needed catalyst for the US …
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Housing market: Top economist escalates warning as homebuilders are ‘giving up’
The housing market is getting so weak that it’s poised to become a significant drag on overall economic growth, according to Moody’s Analytics chief economist Mark Zandi. In a series of posts on X last week, he noted that he sent off a “yellow flare” on the housing market just a few weeks ago but now thinks a “red flare” …
Read More »Homebuilders are slashing prices at the highest rate in 3 years
A construction worker carries a sheet of OSB sheathing as he builds a roof on a residential homes in Irvine, California, U.S., March 28, 2025. Mike Blake | Reuters The nation’s homebuilders continue to see weakening demand from potential buyers concerned about the broader economy. As a result, they are cutting prices at the highest rate in three years, according …
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