Homebuilder sentiment at 16-year low: NAHB (Reuters)

Posted at 18.07.07.

Construction workers put up second story framing as they build homes in Carlsbad, California in this November 17, 2005 file photo. Homebuilder sentiment slid in July to its lowest since January 1991 as fallout from the housing slump and subprime mortgage crisis caused a glut of new homes, the National Association of Home Builders said on Tuesday. (Mike Blake/Reuters)Reuters - Homebuilder sentiment slid in July to its lowest since January 1991 as fallout from the housing slump and subprime mortgage crisis caused a glut of new homes, the National Association of Home Builders said on Tuesday.


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