🟧 U.S. Homebuyer Sentiment Plummets

- Consumer Confidence Index: Fell to 4.1 points in August, marking the lowest level in 11 years.

- 🟧 Second lowest reading since the post-2008 housing crisis.

- Home Purchasing Plans: The 6-month average hit a 12-year low.

- 🟧 Mortgage demand dropped to its lowest point since 1995.

- Home Prices: Continue to climb, turning homeownership into a luxury.

#RealEstate #HousingMarket #Economy