- NAHB reports homebuilder sentiment dropped for the 12th month in December to the lowest level since 2012 but may be near the bottom.
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- New home construction continued to decline, and permits plunged in November, as higher borrowing costs eroded affordability and demand.
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- Existing home sales fell 7.7% in November, the 10th straight month of drops. However, the median sales price rose 3.5% annually to $370,700.
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