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Confidence among U.S. homebuilders climbs to highest since 2007

Posted on 19 January 2012

Bob NielsenConfidence among U.S. homebuilders rose in January to the highest level in more than four years as sales and buyer traffic improved.
The National Association of Home Builders/Wells Fargo sentiment gauge increased to 25 this month, exceeding the median forecast of economists surveyed by Bloomberg News and reaching the highest level since June 2007, the Washington-based group said today. Readings lower than 50 mean more respondents still said conditions were poor………………………………………..Full Article: Source


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