18-04-2016 08:54 via wbrz.com

US homebuilder sentiment held steady in April

U.S. homebuilders' confidence held steady in April, reflecting an overall optimistic outlook in the market for new homes even as a gauge of current sales fell slightly.The National Association of Home Builders/Wells Fargo builder sentiment index released Monday was unchanged at 58. It hasn't budged in three months.Readings above 50 indicate more builders view sales conditions as good, rather than poor. The index had been in the low 60s for eight months until February.Builders' outlook for sales
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