Strong Homebuyer Demand Spurs Builder Confidence

By Radhika Ojha

The confidence of builders in the housing market remained stable in April, spurred by the increasing demand for housing according to data from the National Association of Home Builders’ (NAHB) NAHB/Wells Fargo Housing Market Index (HMI) on Monday. The HMI, which is derived from a monthly survey conducted by NAHB, declined one point to a …

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