Homebuilder Confidence Stays Relatively Steady
NAHB Homebuilder Confidence Index dropped in December to 57 from 58 in November. The reading of 59 in September was a nine-year high. Readings above 50 indicate builders feel good about market conditions. All in all, builder sentiment appears to be stabilizing as the housing recovery continues.
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The Case for Homebuilding Stocks
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Homebuilder Confidence Strong
The National Association of Homebuilders reported, on Wednesday, September 18th, that its builder confidence index was at a nine-year high of 59. From the perspective of the builders, it appears