Home builder confidence up in August - Birmingham Business Journal:: "A confidence index among home builders inched up in August to its highest level in a year.
The National Association of Home Builders/Wells Fargo Housing Market Index reached 18 this month, which was its highest since June 2008, said a news release.
“Home builder expectations have been buoyed by the success of the first-time home buyer tax credit and its anticipated boost to buying activity leading up to the Nov. 30 expiration date,” said NAHB Chairman Joe Robson, a home builder from Tulsa, Okla."
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Monday, August 17, 2009
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