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Homebuilder conference is remaining steady at 46 for December, as reported by the National Association of Home Builders-Wells Fargo Housing Market Index (HMI), while economists expected an uptick to 47.

Catalysts anchors Seana Smith and Madison Mills report more on this housing sentiment print and how prospective homebuyers are reacting to home prices and elevated mortgage rates.

To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

This post was written by Luke Carberry Mogan.