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Builder confidence rises nationally in April, remains level for Northeast

Apr 16, 2015
Builder confidence in the market for newly-built, single-family homes in April rose four points to a level of 56 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
 
In the Northeast, the index held steady at a level of 42.
 
NAHB Chairman Tom Woods said that as the spring buying season gets underway, home builders are confident that current low interest rates and continued job growth will draw consumers to the market. 
 
To read the entire NAHB press release, click here.
Featured Content

Buyer demand drives median price growth as fewer homes available for sale in New York State

Strong buyer demand, coupled with the ongoing decline in the number of homes for sale, fueled a 7.8 percent increase in the April statewide median sales price. Click here to read more.

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