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Home Builder Confidence Rises To Highest Level Since January 2006

The National Association of Home Builders (NAHB) / Wells Fargo Housing Market Index (HMI) rose in July. Home builder confidence in the market for newly constructed single-family homes rose six points to a reading of 57. NAHB reports that this was the third consecutive rise in the HMI and its highest reading since January 2006. Three components used in compiling the HMI reading include current sales, which gained five points for a reading of 60.  Confidence in prospective buyer traffic rose … Continue reading...

Posted in: Blog Tagged: Home Builder Confidence,Housing Starts,Housing Analysis

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RE/MAX ACR ELITE GROUP, INC. Hillsborough

13907 N. Dale Mabry Hwy., Ste. 101
Tampa, FL 33618
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Clearwater, FL 33756
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