Home builders continue to gain confidence
Baltimore Business Journal
Builder confidence in single-family homes edged higher for the third consecutive month in September, according to the National Association of Home Builders/Wells Fargo Housing Market Index.
The index rose one point to 19 this month, its highest level since May 2008.
“Builders are seeing some improvement in buyer demand as a result of the first-time home-buyer tax credit, and low mortgage rates and strong housing affordability have also helped to revive some optimism,” said Joe Robson, chairman of the National Association of Home Builders.
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