Northeast Holds Back Builder Confidence

Increased sales expectations among home builders offset diminished confidence about current sales conditions. The Northeast was the only region with deterioration.

This month’s Housing Market Index has been calculated at 72. An index in excess of 50 is an indication that more builders view conditions as good than poor.

No change was noted for the index compared to one month previous. The index reached an 18-year high of 74 in December 2017.

---

…read more

From:: Financing