U.S. homebuilder sentiment fell in July to the lowest level in two years as rising borrowing costs and searing inflation forced consumers to pull back on spending.
Jason Haber discusses the shift in the housing market telling 'The Claman Countdown' high interest rates are triggering homebuyers to walk away from purchases.
The National Association of Home Builders/Wells Fargo Housing Market Index, which measures the pulse of the single-family housing market, fell for the seventh consecutive month to 55, the lowest level since May 2020. It is the second-biggest, one-month decline in the survey's 37-year history. "Production bottlenecks, rising home building costs and high inflation are causing many builders to halt construction because the cost of land, construction and financing exceeds the market value of the home," NAHB Chairman Jerry Konter, a home builder and developer, said in a statement. / AP Newsroom)One of the index's components that measures current sales of single-family homes collapsed to 64 from 76.
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Today’s daily horoscope for July 17, 2022Zodiac signs and horoscopes on 7/17/22 for Aquarius, Pisces, Aries, Taurus, Gemini, Cancer, Leo, Virgo, Libra, Scorpio, Sagittarius, Capricorn.
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'Wordle' today, July 17: Answer, hints, help for Wordle #393 | Digital TrendsTrying to solve today's Wordle? If you're stuck, we've got a few hints that will help you keep your Wordle streak alive.
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Your July 17 Weekly Horoscope Will Force You to Confront Your ShadowSee what this week has in store according to your weekly horoscope for your zodiac sign, including Venus in Cancer and the beginning of Leo season.
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Celebrity Birthdays: July 17Here are some of the notable people celebrating birthdays today, including Camilla, Duchess of Cornwall, Lucie Arnaz, Mark Burnett, Craig Morgan, Andre Royo, Jason Clarke, F. Gary Gray, Tom Cullen and Jeremih.
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Today in sports history: July 17In 2005, Tiger Woods records another ruthless performance at St. Andrews, closing with a 2-under 70 to win the British Open for his 10th career major. See more sports moments here:
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