Builders & Developers

Homebuilder Sentiment Sinks to 2½-Year Low: What It Means for Buyers and Builders

Homebuilder Sentiment Sinks to 2½-Year Low: What It Means for Buyers and Builders

July 9, 2025

Homebuilders are feeling the strain. The NAHB/Wells Fargo Housing Market Index fell to 32 in June, marking the lowest sentiment reading since late 2022. High mortgage rates, elevated material costs, and tariff uncertainty are weighing heavily on the industry. Why Are Builders Feeling the Pressure? “Affordability is the biggest challenge right now,” says Mark Stevens, […]