🟧 US Homebuyer Sentiment Declines Sharply
Consumer Confidence Index: Dropped to 4.1 points in August, the lowest in 11 years.
🟧 Second weakest reading since the post-2008 Housing Bubble burst.
Home Purchasing Plans: The 6-month average declined to a 12-year low.
🟧 Mortgage demand reached the lowest level since 1995.
Home Prices: Continue to rise, making buying a home a luxury.