UNITED STATES – The National Association of Homebuilders Confidence Index showed only a slight increase this month, reflecting ongoing concerns among homebuilders about the economy.

The index measures builders' sentiments regarding current and future home sales. Despite the overall low confidence, there is some positive news for potential homebuyers.

A notable 41% of homebuilders reported cutting prices this month. This figure marks the highest level of price reductions seen since before the COVID-19 pandemic.

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