Builder confidence continues to boom in August

Posted by Bonnie Martin Designated Broker on Tuesday, August 20th, 2013 at 9:54am.


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.”

To read more of this article, click the link below:

#facebooklike#

Leave a Comment