Post by bot on Sept 18, 2015 15:19:44 GMT -5
Home-builder confidence reaches highest level in a decade
WASHINGTON (MarketWatch) -- Builder confidence in the market for newly constructed single-family homes rose a point to 62, the highest level since Nov. 2005, according to the National Association of Home Builders/Wells Fargo housing market index released Wednesday. Economists polled by MarketWatch expected a 61 reading. Any reading above 50 indicates good conditions.
WASHINGTON (MarketWatch) -- Builder confidence in the market for newly constructed single-family homes rose a point to 62, the highest level since Nov. 2005, according to the National Association of Home Builders/Wells Fargo housing market index released Wednesday. Economists polled by MarketWatch expected a 61 reading. Any reading above 50 indicates good conditions.
