#builder-confidence

#builder-confidence

The sales of new single-family homes in April 2025 reached an annualized rate of 743,000, marking a notable increase over previous months and years.

The spring homebuying season has gotten off to a slow start as persistent elevated interest rates, policy uncertainty, and building material cost factors hurt builder sentiment in May.

‘Policy uncertainty stemming in large part from the stop-and-start tariff issues has hurt builder confidence but initial trade arrangements are a welcome development.’