Builder Confidence Unchanged In November - But Looking Up!

Date December 2, 2007

Builder confidence for new, single-family homes remains unchanged this month, reflecting continued efforts within the industry to move inventories against a backdrop of consumer skepticism, according to the most recent National Association of Home Builders (NAHB)/Wells Fargo HMI survey for November. The HMI remained flat at 18, while the index gauging sales expectations for the [...]