Home Builders’ Confidence Up for Fifth Straight Month

Posted by Bonnie Martin Designated Broker on Wednesday, September 19th, 2012 at 7:00am.


U.S. home-builders’ confidence rose to its highest level in more than six years in September, the latest sign of recovery for the long downtrodden housing market.

The National Association of Home Builders said Tuesday that its housing market index rose three points to 40 this month, the fifth consecutive gain. The results were just above expectations. Economists polled by Dow Jones Newswires had forecast a reading of 39

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