Homebuilder Confidence in U.S. Held in January at Six-Year High

Posted by Bonnie Martin Designated Broker on Wednesday, January 16th, 2013 at 8:57am.


bloomberg.com - Confidence among U.S. homebuilders held in January at the highest level in more than six years, offering the latest evidence that residential real estate will help spur economic growth.

The National Association of Home Builders/Wells Fargo index of builder confidence was 47, matching December’s reading as the highest since April 2006, the Washington-based group reported today. The median forecast of 50 economists projected a reading of 48.

 

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