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Why U.S. Homebuilders Are Slashing Prices at Record Rates

Why U.S. Homebuilders Are Slashing Prices at Record Rates

Washington, Wednesday, 28 October 2026.
With borrowing costs topping 7%, builder sentiment plunged to a fourteen-year low in October 2026, prompting a record 43% of builders to cut prices to revive stalled demand.