Homebuilder sentiment ticks up slightly, as housing shortage intensifies
July 16, 2019 at 10:00 AM EDT
Builder confidence for single-family homes rose just one point to 65 in July, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Sentiment is well below the July 2018 reading of 68. Anything above 50 is considered positive.