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By Reuters Staff 2 Min Read FILE PHOTO: A home stands behind a real estate sign in a new development in York County, South Carolina, U.S., February 29, 2020. REUTERS/Lucas Jackson WASHINGTON (Reuters) - U.S. homebuilder confidence in the market for single family homes unexpectedly fell in January, pulled down by surging COVID-19 infections and more expensive lumber, though the housing market remains underpinned by record low mortgage rates. The NAHB/Wells Fargo Housing Market index slipped to a reading of 83 this month from 86. Economists polled by Reuters had expected the index would be unchanged at 86. A reading above 50 means more builders view market conditions as favorable than poor. The index hit an all-time high of 90 in November.

United statesFreddie macLucia mutikaniChuck fowkeThomson reuters trust principlesWells fargo housing marketThomson reuters trustConstruction dataHomebuilding trbc level 4Home sales dataReal estate marketsஒன்றுபட்டது மாநிலங்களில்ஃப்ரெடி மேக்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்கிணறுகள் ஃபார்கோ வீட்டுவசதி சந்தைதாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை