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: ‘Scary times’: Builders are slashing home prices and slowing construction as buyers pull back, survey shows

A proprietary survey by John Burns Real Estate Consulting reveals a broad slowdown in business for home builders. Read More...

Home builders are feeling jittery.

That’s according to a June survey of home builder sentiment by John Burns Real Estate Consulting. Demand for new homes is cooling as buyers cancel orders, and builders are slashing prices to offload homes, the survey found.

“Scary times,” a home builder in Nashville, Tenn. told the company. “Hoard cash and…

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