KB Home Says Consumers Are Home Shopping But Not Buying -- Market Talk
Dow Jones2026/09/22 22:541854 ET - KB Home executives say that consumers still want to buy houses, but are holding out due to affordability concerns. Consumers are feeling cautious and are especially worried about rising interest rates, the executives tell analysts on a call. Every time rates rise, consumers need a period to digest the increase because they don't want to feel like they overpaid for a house by buying during a peak rate period, they say. The executives note that traffic isn't down as much as sales, suggesting that people are still interested in shopping, even though they are waiting to buy.(katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
September 22, 2026 18:54 ET (22:54 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Honda Motor (HMC.US) Reports 65.7% Increase in Net Profit in the First Half, Plans to Expand Production Capacity in North America and Brazil
Honda Motor (HMC.US) released its financial results for the first half of fiscal year 2027 on November 10.
Crypto winter not over? Mining rig hosting provider Bitari cancels orders at the last minute, IPO plans put on hold
Bitcoin mining service provider Bitari has withdrawn its Nasdaq IPO plan. The company originally intended to issue 4.3 million shares at $7 per share to raise $30 million. Its annual revenue is approximately $11 million.
Pre-orders for GTA 6 are booming and may reverse the downward trend! Citigroup raises Take-Two Interactive Software (TTWO.US) target to $270
Citigroup maintains a "Buy" rating on Take-Two Interactive Software, with a target price of $270.
Crypto prices
More
