Real Estate

Inflation not hurting homebuilder sentiment: NAHB CEO

National Association of Home Builders CEO Jerry Howard said rising inflation doesn’t seem to be hurting homebuilder sentiment, arguing that new homes can't be built fast enough amid strong demand.

Pending home sales rebound on fast-rising rents, mortgage rates

According to the National Association of Realtors, pending home sales, which are based on contract signings, rose 7.5% to 125.2 but are down 1.4% year-over-year. An index of 100 is equal to the level of contract activity in 2001, the first year to be examined.