A survey released on Monday showed that the confidence index of single family home builders in the United States fell to its lowest level in nearly seven months in April, as soaring mortgage interest rates and supply chain chaos pushed up housing costs and prevented some first-time home buyers from entering the market.

The National Association of home builders / Wells Fargo put China's market index at 77.2 percent this month For four consecutive months, the index fell to the lowest level since September last year, and the index was higher than 50, indicating that builders think the situation is good, on the contrary, it is depressed. Despite the record housing shortage, the high cost of wood and other building materials is difficult for housing builders to increase production. There is also a large backlog of housing construction permits, which is difficult to break the peak in February.



Reuters survey showed that the number of housing construction and construction permits fell in March