U.S. Home-Builder Confidence Hits Highest Level in Nearly a Decade

A gauge of home-builder sentiment hit its highest level since November 2005, reflecting confidence in a steadily improving U.S. housing market.

An index of builder confidence in the market for new single-family homes stood at a seasonally adjusted level of 60 in July, the National Association of Home Builders said Thursday. A reading over 50 means most builders generally see conditions as positive. Read the full article here.

2015-08-20T14:39:40+00:00July 24th, 2015|Latest News|