Builder confidence in the market for newly-built single-family homes rose two points to a level of 70 in May. This is the fourth time the HMI has reached 70 or higher this year. The HMI chart gauging current sales conditions increased two points to 76 in May while the indexes measuring buyer traffic and expectations in the next six months remained unchanged at 51 and 77, respectively.
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Wednesday, May 16, 2018
May builder confidence rebounds two points to 70
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