Homebuilder confidence steady but weak in April

homebuilders-have-not-reported-this-magnitude-of-sales-spikes-in-over-two-yearsBy Andrew Khouri | Los Angeles Times

Homebuilder confidence inched up this month, but remains shaky as the spring home-buying season gets underway.

The National Assn. of Home Builders/Wells Fargo Housing Market Index, released Tuesday, remained essentially flat in April, at 47. A level below 50 means more builders see the market for new, single-family homes as poor rather than good.

March’s level was revised down one point to 46.

Continued: 

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.