News & Opinions
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David Crowe / NAHB / January 16, 2013
The first indicator of builders’ sentiment for 2013 held steady at 47, the same level as December 2012. The three subcomponents of the NAHB/Wells Fargo Housing Market Index changed in every direction possible; the current sales index remained the same at 51, the index for future sales fell one point to 49, and the index for traffic rose one point to 37.
Builders and home buyers took a breath in December as the political agenda remained cloudy up to January 2nd. In addition, builders’ confidence has been rising steadily for eight consecutive months and the uncertainty of taxes, governmentRead More