National Association Of Home Builder

Home Builder Confidence Sinks As Sales Drop 17.6% From Last Year

Two new data reports released Monday morning are pointing to rising problems impacting the U.S. housing market.

Housing Beat: Home Sales Drop, Homeowners Insurance Spikes, Builder Confidence Tanks

The U.S. housing market showed unmistakable signs of stalling this week. Despite a decline in mortgage rates, mortgage applications and home sales were down while the cost of homeowners insurance was rising across most of the nation.