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RAB Research Archive

US homebuilder sentiment surges to 12-year high in March



U.S. homebuilders are feeling more optimistic about their sales prospects than they have been since the high-flying days of the housing boom. The National Association of Home Builders/Wells Fargo builder sentiment index jumped to 71 this month. That's up six points from 65 in February and the highest reading since June 2005. Readings above 50 indicate more builders view sales conditions as good rather than poor. The index has been above 60 since September.

Source: ABC News



View or Download: http://abcnews.go.com/Business/wireStory/us-homebuilder-sentiment-surges-12-year-high-march-46143602

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