homebuilder – NewsNow

Luxury homebuilder says more than 70% of business is from wealthy move-ups and empty nesters with years of home price appreciation. The rest are rich millennials

February 20, 2025 by DON

“Demand for our homes continues to be supported by our affluent customer base,” Toll Brothers chief executive and chairman Douglas Yearley said on an earnings call on Wednesday. Read More

Homebuilder sentiment falls in February amid tariff worries

February 18, 2025 by DON

Sentiment among the nation’s single-family homebuilders dropped to the lowest level in five months in February, largely due to concern over tariffs, which would raise their costs significantly. The National Association of Home Builders’ Housing Market Index, or HMI, dropped a sharp 5 points from January to a reading of 42. Anything below 50 is … Read more

US homebuilder shares slide on fears of higher rates and Trump tariffs

January 4, 2025 by DON

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Shares in US homebuilders have tumbled as fears that interest rates will remain higher for longer add to concerns that president-elect Donald Trump’s potential tariffs and mass deportations will raise construction costs. Since … Read more