Builder Confidence Unchanged in September

WASHINGTON, D.C. – September 20, 2010 – (RealEstateRama) — Builder confidence in the market for newly built, single-family homes held unchanged in September from the previous month’s low level of 13, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today.”In general, builders haven’t seen any reason for improved optimism in market conditions over the past month,” noted NAHB Chairman Bob Jones, a home builder from Bloomfield Hills, Mich. “If anything, consumer uncertainty has increased, and builders feel their hands are tied until potential home buyers feel more secure about the job market and economy.”


More info...

SHARE
Avatar
NAHB (National Association of Home Builders) is a trade association that helps promote the policies that make housing a national priority. Since 1942, NAHB has been serving its members, the housing industry, and the public at large. Contact: Ann Marie Moriarty 202-266-8350
Previous articleCourt Affirms Cordray’s Case Against Loan Servicer
Next articleCT REIA Announces The (7th Annual) 2010 New England Real Estate Investors Conference And Trade Show From October 29 To 31