AWI e-briefs - 05/07/2009 (Plain Text Version)

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Builder Confidence Shows Biggest Jump in Five Years, NAHB Says

Buyers are finally returning to the residential market, boosting hopes that the housing depression is at or near the bottom, according to the National Association of Home Builders (NAHB). 

Builder confidence in the market for newly built, single-family homes rose five points – to 14 – in April, NAHB reported.  The level was the highest since October 2008, according to the latest NAHB/Wells Fargo Housing Marketing Index released on April 15.  Builder sales expectations surged 10 points, to 25.

For more details, visit NAHB Online (subscription required).  [Return to top]