March 15, 2023 Global stocks and banking news

Workers at a new home construction site in Trappe, Maryland, on October 28, 2022.

Home builder confidence climbed for the third consecutive month, even as mortgage rates climbed higher for buyers.

That’s according to a March report from the National Association of Home Builders that looks at current sales, buyer traffic and the outlook for sales of new construction homes over the next six months.

It was the strongest showing for the index since September.

After pivoting positive in January for the first time in a…

Source link