【CBRE】How the Iran war is hitting U.S. homebuilders

• Homebuilder sentiment dropped sharply in April, according to a monthly index from the National Association of Home Builders.
• The war with Iran has pushed mortgage rates higher and layered on big increases in costs for materials and transportation due to the spike in oil prices.
• A slew of building suppliers reported price hikes in April on everything from foam insulation and roofing to windows and doors.

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