Home Builder Confidence Remains on Upbeat Track

Home builders are keeping upbeat about the new single-family housing market, with their confidence coming in at a reading of 68 in the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Index readings of 50-plus indicate more builders identify the market as “good” than “poor.”
“Even with this month’s modest drop, builder confidence is on very firm ground, and builders are reporting strong interest among potential homebuyers,&r