Home Builder Sentiment Prints Higher in March
March 15, 2011 at 11:18 AM EDT
The National Association of Home Builders said Tuesday its monthly Home Builders/Wells Fargo Housing Market Index (HMI) reading of builders’ sentiment rose to 17 in March. This is the highest level the HMI has reached after stagnating at the same level for four months. A reading below 50 indicates that more builders view sales conditions [...]