
MarketMinute | How are homebuilders feeling about the market?
Retail sales strengthened by more than forecast in September. Resilient consumer spending continues to power the economy. Jobless claims fell much more than economists expected last week, after reaching their highest level of the year during the previous week. The signs of a strong economy and a rebounding labor market, along with higher inflation, are pressuring bonds and pushing mortgage rates higher. Builder sentiment moved up for a second consecutive month. Builders look forward to a busy 2025...
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