Strong Home-Buying Demand Boosts Builders’ Business Outlook to the Highest Level Since June 2022
Photo by Joe Raedle/Getty ImagesThe numbers: A persistent shortage of previously owned homes for sale is fueling builders’ optimism, with a key indicator of their confidence rising for the seventh month in a row in July.With mortgage rates at nearly 7%, many homeowners were finding little incentive
Builder Confidence Moves a Bit Higher in July
With the tight inventory of existing homes, the market remains solid for builders, and the index measuring attitudes moved one point higher to 56 from June’s 55.
Study: Housing Bias Increases Heart Attack Risk
An American Heart Association peer-reviewed study finds that Blacks still living in once-redlined districts have an 8% greater chance of heart attacks.
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