June 2025

By Diana Olick on CNBC.com

Published Tue, Jun 17 2025 10:00 AM EDT Updated Tue, Jun 17 2025 11:16 AM EDT

Higher mortgage rates and uncertainty in the broader economy continue to weigh on consumers — and consequently on the nation’s homebuilders.

Builder sentiment in June dropped 2 points from May to 32 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Anything below 50 is considered negative. The index stood at 43 in June 2024.

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