Builder confidence in the market for newly built single-family homes was 32 in June, down 2 points from May.
National Association of Home Builders
Only 22 million owner-occupied homes are valued below $200,000, despite 53 million households needing them.
Sales increase in South and West while Northeast and Midwest show mixed results.
NAHB projects $3 billion rise in imported construction material costs if new tariffs take effect next month.