By Martin Baccardax “Builder sentiment has declined every month in 2022, and the housing recession shows no signs of abating,” the National Association of Home Builders said Monday. Home builder sentiment, deep in throes of its longest decline in four decades, slumped further against this month as mortgage rates surged to levels last seen during the 2008 housing crisis. National Association of Home Builders/Wells Fargo Housing Market Index of builder sentiment fell to 46 points this month, well below the 50 mark that generally signals growth and extending a decline of nine consecutive months f…
