Newsfeed: Buyer Cancellation Rate At Top US Homebuilder Surpasses 2008 Levels

Newsfeed: Buyer Cancellation Rate At Top US Homebuilder Surpasses 2008 Levels

The latest evidence that Fed Chair Jerome Powell’s most aggressive interest rate hikes in a generation and spiking mortgage rates might trigger a housing “reset” is the latest earnings report from KB Home, one of the nation’s largest publicly traded homebuilders.