Builder sentiment drops: lost confidence - Rose Law Group Reporter

Builder sentiment drops: lost confidence - Rose Law Group Reporter

By The National Association of Home Builders Builder confidence fell sharply in May on growing uncertainties stemming from elevated interest rates, tariff concerns, building material cost uncertainty and the cloudy economic outlook. However, 90% of the responses received in May were tabulated prior to the May 12 announcement that the United States and China agreed to slash tariffs for 90 days to allow trade talks to continue. Builder confidence …