Tag Archives: Builder Confidence Soars to 5-Year High

Builder confidence in the new-home market continued to inch higher this month, reaching its highest level since February 2007, according to the National Association of Home Builders/Wells Fargo Housing Market Index, which measures nationwide builder sentiment about current and future sale conditions and buyer traffic. This marks the fourth consecutive month that builder confidence has been on the rise. “From the builder’s perspective, current sales conditions, sales prospects for the next six months, and traffic of prospective buyers are all better than they have been in more than five years,” […]