Builder Confidence Declines Three Points in June

1 post / 0 new
#1 Wed, Jun 15, 2011 - 10:16am
Shill
Offline
-
Mars
XX
Joined: Jun 14, 2011
3718
0

Builder Confidence Declines Three Points in June

https://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: Shill on Nov 8, 2014 - 5:07am
randomness