Home builders haven’t felt this good about the housing market since 2005

Home builders’ confidence in the housing market continues to grow, reaching a level not seen for 10 years.

That’s according to the Housing Market Index, which is based on a survey of National Association of Home Builders’ members. The index jumped three points this month to 64, continuing a five-month trend of strong numbers. The survey gauges builders’ perceptions of current sales, expectations for sales in the next six months, and traffic of perspective buyers.

“Our industry is strengthening… …read more