new construction long islandmassapequa homes for saleamityville real estatelong island homes for sale: Homebuilders Expect More Sales Volume This Year
- 03/17/11 09:15 AM
Homebuilders are optimistic about the housing market this spring, relative to recent months. According to the monthly Housing Market Index as published by the National Association of Homebuilders, after 4 straight months of reading 16, March homebuilder confidence ticked 1 point higher to 17. It’s the highest confidence reading in 10 months. A value of 50 or better indicates “favorable conditions” for home builders; with more builders viewing sales conditions as “good” than “poor”. HMI hasn’t read higher than 50 since April 2006. Regionally, the Housing Market Index showed mixed results. Confidence fell 1 point in the Northeast, held firm in … (2 comments)
Homebuilders are optimistic about the housing market this spring, relative to recent months.
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