Tag Archives: Builder confidence stalled in January

Builder confidence remained unchanged in January, holding a level of 47 on the National Association of Home Builders/Wells Fargo housing market index. This follows eight consecutive monthly gains and continues to be the highest level since April 2006. “Conditions in the housing market look much better now than at the beginning of 2012 and an increasing number of housing markets are showing signs of recovery, which should bode well for future home sales later this year,” said Barry Rutenberg, chairman of NAHB and a Florida home builder. However, Rutenberg warns […]