#CNBC How the Iran war is impacting U.S. homebuilders
How the Iran war is impacting U.S. homebuilders
U.S. homebuilders had hoped for a robust spring market this year after the winter brought falling mortgage rates and rising homebuyer demand.
The war with Iran threw a wrench into that optimism, pushing rates higher and layering on big increases in costs for materials and transportation due to the spike in oil prices.
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