Three Straight Months of Improvement in Builder Confidence, But There’s a Catch
The December National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) edged up one point to 39. This is the 3rd straight month of improvement in the index–a development that could be confused for something encouraging. But the reality is that builder confidence is merely drifting along just barely above the lowest levels […]
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