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Home Builder Confidence Wanes in August

After seven straight months of positive sentiment in builder confidence, mortgage rates exceeding the 7% mark, as well as high shelter inflation, have eroded housing affordability and put a damper on consumer demand.

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Study Reveals Renters’ Most Desired Locations

RentCafe's August Rental Activity Report revealed Arlington, Virginia was named the most sought-after city by renters for the second consecutive month, while New York City boroughs like the Bronx and Queens trailed closely behind.

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