How Confident Are Home Builders?

June 15th, 2010 - By TheEditor

(Smart Money) – GOOD MORNING. Asian shares finished higher, and European markets are rising. US futures are pointing to a positive opening. How are homebuilders feeling? At 10 a.m. today, the National Association of Home Builders will release its Housing Market Index, which tracks builders’ confidence about current single-family home sales, as well as the prospects for sales in the next six months. In May, the index saw its second consecutive monthly increase, rising 3 points to 22, its highest level since August of 2007. That’s an improvement, but still low by historical standards.

Read More…

More from StyleBlazer
More from MommyNoire

Comment Disclaimer

Comments that contain profane or derogatory language, video links or exceed 200 words will require approval by a moderator before appearing in the comment section. XOXO-MN