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Home Builder Confidence Jumps By Widest Margin Since 2002

U.S. housing markets are gaining as demand for homes exceeds available supplies in many areas. The National Association of Home Builders/ Wells Fargo Housing Market Index (HMI) for June increased by eight points over May’s reading to achieve a positive reading of 52. This last happened in August-September of 2002, when HMI monthly readings also jumped by eight points. Continue reading

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Home Builder Future Sales Confidence Rises To New Highs

Home builders are gaining confidence in current and future market conditions for new homes, but continue to see below-average foot traffic in new homes. Continue reading

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NAHB Housing Market Index – Builder Confidence Slips Slightly In March

The National Association of Home Builders (NAHB) released its NAHB/Wells Fargo Housing Market Index for March on Monday. Home builder confidence fell for the third consecutive month with a two-point drop to a reading of 44 in March. Continue reading

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