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Builders Are Slashing Prices at a Record Pace as the Housing Market Freezes

Source: 247wallst.com

Housing & Real EstateCorporate EarningsConsumer Demand & Retail
Builders Are Slashing Prices at a Record Pace as the Housing Market Freezes

Builder sentiment has fallen to its lowest level in more than a decade, with weakness spreading to suppliers. Whirlpool's after-the-bell disclosure is presented as a warning for the broader housing trade, but the article excerpt gives no figures or further details.

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