Western U.S. homebuilders as confident as 2005

Resurgent real estate pushed one measure of Western homebuilders’ confidence to a 15-year high.
The western states’ slice of the National Association of Home Builders/Wells Fargo Housing Market Index for August rose 8 points to 88, highest since 2005 and a noteworthy 2020 turnabout. The index started the year at 86, then plunged to 32 as the pandemic throttled the economy. But house hunters wishes for new housing as reversed the industry’s futures.The nationwide sentiment index