Optimism on the Rise as Housing Index Hits 6 Year High

The builder sentiment index rose two points to 47 this month, inching closer to the 50 point level that most experts view as signs of growth. While the index is still below the level most economists would categorize as a growing market, the trend has been upward and it has been consistent, causing many to lean towards a much more optimistic outlook for U.S. housing.

 

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