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Berkshire Hathaway - Verani Realty

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Bob Ramalho May 18, 2016

NAHB: Home Builder Confidence Holds Steady in May

The National Association of Home Builders reported that home builder confidence in the U.S. housing market conditions held steady for the fourth consecutive month in May. Builder confidence stayed at a reading of 58, which was the number expected by analysts and was also the reading for April. Analysts said that the consistency in readings signified expansion in housing markets. Any reading over 50 indicates that more builders than not are confident about market conditions. Components of the … [Read more...]

Filed Under: Housing Market Tagged With: Home Builders, Mortgage Rates

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