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US homebuilder sentiment drops to 14-year low on weak sales

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Spokane Spokesman-Review
October 19, 2026
Mortgage RatesSource: GNews

Confidence among U.S. homebuilders this month slumped to a 14-year low as mortgage rates above 7%, labor shortages and elevated supply costs batter the housing market.

Confidence among U.S. homebuilders this month slumped to a 14-year low as mortgage rates above 7%, labor shortages and elevated supply costs batter the housing market....

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Originally published by Spokane Spokesman-Review

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