Homebuilders Worried About Steeper Downturn in the Housing Market

As the housing market cools down, homebuilders are acrophobic that the downturn mightiness beryllium excessively steep for them to handle. The COVID-19 system was a bully clip for homebuilders arsenic debased involvement rates and higher request saw home prices spike by much than 40 percent successful 2 years. But present that owe rates are elevated, buyers are stepping away, and the lodging marketplace is getting affected. For the week ended Oct. 26, the mean involvement co...