Budget season squeezes private builders on how much risk to carry
NAHB shows development loan effective rates at 12.59%, while single-family starts fell to an 808,000 pace in July
NAHB shows development loan effective rates at 12.59%, while single-family starts fell to an 808,000 pace in July
BELLINGS Intelligence Score: 28
Why it matters
Rising development loan rates and slowing single-family starts signal tighter credit conditions for private builders, which may modestly affect construction financing and housing supply but is largely a sector-specific credit-market development.
Sources
HousingWire
Budget season squeezes private builders on how much risk to carry
NAHB shows development loan effective rates at 12.59%, while single-family starts fell to an 808,000 pace in July