The housing market is a bit shaky right now! Builders are seeing some good things, but also some worries. It's like a rollercoaster – up and down!
- Home sales are slower than they were in the past.
- High mortgage rates and costs are making it harder for people to buy homes.
- Builders aren't sure what will happen next.
| Thing | Number |
|---|---|
| Lowest Housing Market Index in months | 42 |
| Percentage of appliances from international trade | 32% |
| Percentage of softwood lumber from international trade | 30% |
| Expected new home sales increase (year-over-year) | 1.7% |
Experts are predicting some better numbers for home sales, but nothing like the record high sales we saw years ago.
