marketwatch.com - Home builders are as confident as ever — nearly eight years to be more precise. Whether that will translate into actual construction remains to be seen.
The National Association of Home Builders/Wells Fargo housing market index rose 3 points to 59, marking the fourth rise in a row. Economists polled by MarketWatch had expected a 55 reading. July’s level was downwardly revised by a point to 56.
Any reading above 50 is considered “good.”
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