Homebuilder Confidence Stays Relatively Steady

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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Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

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