Builder Confidence Declines Three Points in June

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Builder Confidence Declines Three Points in June

http://www.nahb.org/news_details.aspx?sectionID=134&newsID=12894

The National Association of Home Builders (NAHB) reports the housing market index (HMI) declined to 13 in June from 16 in May. This is the lowest level since last September. Any number under 50 indicates that more builders view sales conditions as poor than good.

HT: Calculated Risk.

Edited by admin on 11/08/2014 - 06:07

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