- Prior month 46
- NAHB housing market index 47 versus 45 estimate
Robert Diaz, Chief economist said:
“While ongoing, but slower easing from the Federal Reserve should help financing for private builders currently squeezed out of some local markets, builders report cancellations are climbing as a direct result of mortgage rates rising back up near 7%.”
This article was written by Greg Michalowski at www.forexlive.com.
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