The measure for prospective buyer traffic pulled back five points to 18, its lowest level since April 2012, Dietz said.
Meanwhile, 65% of builders reported using sales incentives in October, the 19th consecutive month of at least 60% of builders offering sweeteners for buyers.
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
If you have an ad-blocker enabled you may be blocked from proceeding.