Homebuilder sentiment stalls

Homebuilder

Homebuilder By Diana Olick | CNBC

U.S. homebuilders may be reconsidering their bullish projections for a stronger housing recovery. A monthly survey of builder sentiment held steady in January, from a downwardly revised December reading.

The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) stands at 60, still in positive territory, but off its recent high of 65 in October. Fifty is the line between positive and negative.

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